Home / Knowledge / News / Textiles / Plexus Cotton market report

Plexus Cotton market report

Jan '07
NY futures moved higher this week, with March gaining 49 points to close at 54.53 cents, while December advanced 155 points to close at 60.00 cents.

Even though last Friday's USDA supply/demand report was perceived to be bearish, an exceptionally bullish corn report came to the rescue and pulled the cotton market out of trouble. The resulting 'key reversal' put our market back on a firmer footing and also halted the recent slide in the AWP.

After trending lower for three consecutive weeks, the AWP will climb by 9 points to 44.34 cents as of Friday, with the daily rate calculating at 44.50 cents.

At first glance the 800'000 bales upward revision in US ending stocks may look a bit threatening, but when we take a few steps back and analyze the whole picture as it currently presents itself, the numbers appear quite friendly to us.

First of all, global consumption is at an all-time high of 121.17 mio bales, up by 5.37 mio bales from last season and over 12.35 mio bales more than two years ago and this trend is likely to continue thanks to strong local demand in emerging markets like China and India.

World production on the other hand amounts to 'only' 116.72 mio bales, which is 2.58 mio bales more than a year ago, but still 3.67 mio bales shy of the record crop in 2004/05.

Click here to read more:

Plexus Cotton

Must ReadView All

Peru's CPTPP ratification likely to boost trade with Vietnam

Textiles | On 23rd Jul 2021

Peru's CPTPP ratification likely to boost trade with Vietnam

Peru's official ratification of the Comprehensive and Progressive...

Pic: Shutterstock

Apparel/Garments | On 23rd Jul 2021

Bangladesh to continue to attract FDI defying downturn: US

Bangladesh will stay resilient, continue to attract foreign direct...

Pic: Shutterstock

Apparel/Garments | On 23rd Jul 2021

Prime Content| Japan's clothing imports increase 4% in H1 2021

Japan’s imports of clothing and accessories increased by 4 per cent...

Interviews View All

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Asif Rahman, MIP

Asif Rahman

MIP is a manufacturer and distributor of high-performance textiles and...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

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

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

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

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


Leave your Comments

July 2021

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

Advanced Search