Home / Knowledge / News / Textiles / Cotton prices inch down
Cotton prices inch down
Nov '10
On November 18, transactions through electronic matching trade market on China National Cotton Exchange (CNCE) reached 29,240 tons, down 14,380 tons compared with the previous day.

The front five contracts of ICE cotton futures closed sharply lower again on November 17, open interests reduced to nearly the lowest level in three months.

In China, the executive meeting of State Council once again deployed for inflation situation on November 17, stressing the state will introduce temporary intervention measures over prices of production materials and important daily necessities when necessary, market is cautious towards tightening policy, the expectation of raising interest further grows.

Weiqiao Textile Group in Shandong province cut its buying price by 500 Yuan / ton to 28,300 Yuan / ton for cotton grade-3 and 27,900 Yuan / ton for cotton grade-4 on the same day.

M-contracts continued to decline, all contracts closed 800-900 Yuan / ton lower on the day. Nearby month contract MA1011 closed at 27,080 Yuan / ton, down 627 Yuan; the most active contract MA1103 closed at 26,250 Yuan / ton, down 987 Yuan. Intraday trade volume shrank, orders continued to decline.

Contract MA1103 set the lowest price at 26,105 Yuan / ton; while MA1011 hit the highest price at 27,707 Yuan / ton. On November 18, cotton price index in China fell 555 Yuan / ton to 28852 Yuan / ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search