Home / Knowledge / News / Textiles / Volatility in NY cotton futures discourages spinners
Volatility in NY cotton futures discourages spinners
28
Nov '14
The volatile movements in New York cotton futures discouraged spinning yarn producers from entering in to long term contracts.

“Aside from a few deals in extra-long staple varieties, mills continued to adopt the wait-and-watch attitude, which too was seen in the previous week,” the Bremen Cotton Exchange informs.

Mills were on the look-out for good quality cotton at competitive prices, but were not able to find any suppliers.

However, contracts were closed for those with immediate needs and from those who held on-hand cotton inventories.

In the reporting week, contracts in medium staple cotton were signed from West Asia and Greece for prompt deliveries and from Central Asia from prompt and up to the first quarter of 2015.

In long and extra-long staple cotton, contracts were signed for Giza 86 and Sudan Barakat for prompt delivery, Israel and US Pima for first and up to second quarter of 2015 and Spanish ELS for second and third quarter. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jun 2021

Bangladesh can save $500 mn annually by recycling cotton waste: CFP

Bangladesh's garment industry can reduce its annual spending by $0.5...

Cotton bales ready for sale in Brazilian market. Pic: Alf Ribeiro / Shutterstock.com

Textiles | On 18th Jun 2021

Prime Content| Brazil: Selling in domestic cotton market lucrative than exporting

Cotton prices have been firm in the Brazilian market and 23 per cent...

Pic: Neiman Marcus

Information Technology | On 18th Jun 2021

American department store chain Neiman Marcus to acquire Stylyze

American department store chain Neiman Marcus has announced its...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Money never disappears-it just finds new opportunities

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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

Leave your Comments


June 2021

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


Advanced Search