Cotton news »
Cotton futures edge down on producer hedging, weaker commodities
* Pick-up in plantings prompts hedging – merchants * Thomson Reuters-Jefferies CRB down * U.S. weekly export data down from previous weeks – USDA NEW YORK, May 16 (Reuters) – Cotton futures slipped on
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KCA cuts grade three cotton price amid thin trading
In a move symptomatic of reduced volume of cotton trading on Thursday, the Karachi Cotton Association (KCA) has cut the price of grade three cotton by Rs 50 per maund (37.32 Kgs) and determined
Read More »Cotton touches 1-1/2 week low
ICE cotton posted a second straight daily loss on Monday, as investors and merchants continued to sell after the US government’s crop report on Friday reignited concerns about a growing global surplus. The most-active
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Cotton industry responds to loss of DPL 555 with improved varieties
Many cotton producers wax nostalgically about the days of DPL 555, the venerable “triple nickel” that topped the favorite varieties list of so many growers. But the industry accepted the challenge and presented growers
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India: Cotton carry over stocks seen at 142 lakh bales
CHENNAI, MAY 14: The Cotton Association of India has estimated the crop for 2012-13 season ending September at 352 lakh bales (of 170 kg each). The projected balance sheet has put the total supply
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Cotton Futures were lower as traders concentrated once again on world supply
General Comments: Futures were lower as traders concentrated once again on world supply and demand estimates that showed ample supplies instead of the projected tight US market conditions. The US estimates should help support
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Cotton Futures Drop on Demand Concerns
Cotton futures fell for a second straight session on concern that demand will slow from China, the world’s biggest user and importer. Sugar also slid, while orange juice, coffee and cocoa rose. In April,
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Pakistan: Lacklustre trading prevails at cotton market
KARACHI: Lacklustre trading was witnessed in Sindh and Punjab stations on back of low grades while buyers eyed fine grades, said traders on Monday. However some deals in Sindh and Punjab stations changed hands
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Cotton market: no activity amid post-election session
Not a single deal finalised on the cotton market amid post-elections on Monday as mills and spinners were on the sidelines due to less interest in fresh dealings, dealers said. The official spot rate
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India: Cotton to rule steady
RAJKOT, MAY 13: Traders expect cotton prices to remain steady this week on the back of limited buying by local mills and restricted supply. Gujarat Sankar-6 cotton was traded at Rs 37,500-37,700 a candy
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Cotton falls as demand estimates show ample supplies
General Comments: Futures were lower as traders concentrated on world supply and demand estimates that showed ample supplies instead of the projected tight U.S. market conditions. The U.S. estimates should help support higher prices in
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Drought, low market price to affect Valley’s cotton crop
WESLACO — Drought and deflated market prices are likely to have a negative effect on this year’s Rio Grande Valley cotton crop, agriculture experts say. The price of cotton in the world market during
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Govt urged to immediately announce cotton MSP
COIMBATORE, MAY 13: The Cotton Association of India has urged the Government to announce the minimum support price (MSP) for cotton immediately. CAI President Dhiren N. Sheth said that the average daily arrivals in
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Global cotton contract hits headwinds in key details -traders
* Trade divided on origin versus destination contract * Industry met to discuss plan, ended without agreement By Chris Prentice NEW ORLEANS, May 13 (Reuters) – Discussions about the first global cotton futures contract have hit
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Fresh buying boosts cotton market as supply concerns mount
Fresh buying has lifted cotton futures to about a five-week high close amid positioning ahead of USDA’s updated supply-demand estimates for 2012-13 and the first official forecasts for 2013-14. Spot July gained 224 points
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Indian cotton prices seen lower
Cotton prices in India are expected to fall this week due to sales from government reserves and subdued local demand though the marginal quantity put on sale is seen supporting prices. The Cotton Corporation
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U.S. Cotton Output Seen Falling 19% as Farmers Opt for Grains
Cotton output in U.S., the world’s biggest exporter, may tumble 19 percent this year as farmers shift acreage to grains and dry conditions persist in parts of the South, the Department of Agriculture said.
Read More »Cotton market builds in risk premium ahead of USDA report
* Friday’s USDA crop estimates will be 2013/14 season first * USDA releases May crop report at noon EDT for U.S., world * Erratic weather resulted in wide range of crop estimates NEW YORK,
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Pakistan: Cotton markets rally up
Karachi Cotton markets in Pakistan witnessed moderate buying during the last 24 hours after New York cotton market maintained upward trend, a dealer said on Thursday. “Traders bought some bales of cotton to avoid
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Insignificant activity on cotton market
Due to general elections being held in Pakistan on coming Saturday (11th May 2013) there is scare activity on the cotton market. Most other businesses are also working at low level. Transport to haul
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