Home / Knowledge / News / Textiles / Cotton trade through CNCE increases
Cotton trade through CNCE increases
27
Jan '11
Transactions through electronic matching trade market on China National Cotton Exchange (CNCE) reached 41,860 tons on January 25, increasing 30,680 tons in comparison with the previous day.

ICE March cotton and December cotton futures reached 161.94 cents/lb and 113.74 cents/lb, respectively, on January 24, due to lack of resistance.

Most match contracts opened higher on the day, but closed with mixed levels. The main contract MA1105 closed at 31,050 Yuan / ton, up 293 Yuan / ton, spot month contract MA1102 closed at 30,000 Yuan / ton, down 200 Yuan / ton.

MA1102 fell to 29,000 Yuan / ton, to set the lowest price on the day, while MA1106 registered the highest price of 32,000 Yuan / ton on the day. Intraday trade volume greatly increased, but orders substantially reduced.

Spot month contract MA1102 fell 317 to close at 29,883 Yuan / ton to set the largest decline on the session, while the main contract MA1105 remained at the top over all contracts with an average price of 31141 Yuan / ton.

Cotton price index in China rose 78 Yuan / ton to 28,205 Yuan / ton. The central parity of Yuan / ton exchange rate against U.S. dollar on interbank foreign exchange market was 6.5881 Yuan against one US dollar.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 23rd Aug 2017

US govt initiates Section 301 investigation of China

The US government has initiated an investigation of China under...

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Pakistan minister seeks ideas to boost textile sector

The Pakistani Government will come out with short- and long-term...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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