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[Plexus Cotton] Cotton market report (Mar 14, 2013)
NY futures accelerated to the upside this week, as May rallied 536 points to close at 90.86 cents, while December advanced 256 points to close at 88.54 cents. The USDA Supply/Demand report of last
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Pakistan: Cotton prices surge on brisk trade activity
The mills have no option just to keep purchasing, which caused further rise in prices on the cotton market on Friday, dealers said. The official spot rate was higher by Rs 50 to Rs
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Cotton acreage still up in the air but prospects improved
With planting season still weeks away for most of the Southwest cotton crop, farmers are keeping one eye on the weather and one on the market as they try to determine the best crop
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Pakistan: Cotton trading falls
KARACHI: Trade turnover of cotton declined after the cotton yarn manufacturing industry remained closed for the third consecutive day in Faisalabad, a dealer said. “Turnover declined to low levels due to shutdown of the
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Prices firm on cotton market
Cotton market recovered early losses on Thursday amid rallies and protests by textile and other sectors calling for removal of withholding tax, dealers said. The official spot rate remained unchanged at Rs 6,750, they
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Cotton soars as textile mills jump in
Cotton fortified its status as the best-performing commodity of 2013, rising to an 11-month high on the back of strong demand. New York futures have gained 20.6 per cent this year, outpacing other rising
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Cotton prices not yet peaked after 2-month rally-Olam
* Says prices could rise another 10 pct this season * Speculators have driven cotton prices in 2013 * Price volatility expected to remain-Olam By Emma Farge GENEVA, March 11 (Reuters) – Cotton prices
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USDA – Weekly Cotton Market Review: March 8, 2013
Spot cotton quotations averaged 331 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike
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India: Cotton blooms on low availability
RAJKOT, MARCH 8: Cotton prices witnessed an uptrend on Friday due to shortage of kapas or raw cotton. Moreover, the bullish trend in domestic cotton market also supported the prices. According to market sources,
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USDA-Weekly Cotton Market Review: March 7, 2013
NY futures continued to move higher this week, as May advanced by 121 points to close at 86.50 cents, while December gained 77 points to close at 85.98 cents. The market’s dynamics haven’t changed
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Pakistan: Cotton spot rate increased to Rs6,600
KARACHI: The Karachi Cotton Exchange (KCE) increased its cotton spot rate by Rs100 per maund (37.324 kilogram) to Rs6,600 per maund on Thursday in line with surging commodity price in local and international markets,
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World cotton market’s split personality
Wonder why cotton analysts keep stressing the importance of managing price risk in today’s cotton market? A good bit of it has to do with the international cotton market’s split personality. From one perspective,
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Pakistan Cotton market: prices hit high at Rs 7,300
Prices hit high on the cotton market on Wednesday as ginners raised asking prices as mills showed interest in purchasing of fine variety amid a decrease in unsold stock, dealers said. The official spot
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Cotton still up, up and away
Back on Jan. 7 I wrote about Cottonin Market Pulse saying the COT is signaling for higher prices. Back then March 2013 cotton had closed the week at 75.05. So what has happened over the
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USDA-Weekly Cotton Market Review: March 1, 2013
Average spot cotton quotations were virtually unchanged from the previous week, according to the USDA, Agricultural Marketing Service’s Cotton Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike
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[Plexus Cotton] Cotton market report (Mar. 1, 2013)
NY futures continued to advance this week, as May gained another 206 points to close at 85.29 cents, while December was up 159 points to close at 85.21 cents. Despite selling off nearly 400
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Cotton market fears US budget cuts may disrupt USDA inspections
Reuters – U.S. cotton merchants fear prolonged federal budget cuts could roil trade in the multi-billion dollar fiber market by disrupting procedures vital to delivering product against the ICE futures contract. While traders say there would
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India likely to cancel Pakistani cotton import orders
KARACHI: India is likely to cancel Pakistani cotton import orders after the commodity’s price surged significantly from the rate at which the two countries have agreed upon, a broker said on Wednesday. “India would
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Cotton market uptrend starting to show a little ‘nervousness’
Cotton continues to trend upward with both old crop (May13) and new crop (Dec13) nearing the 85-cent mark. The uptrend is starting to show a little “nervousness” taking on a little more sideways look.
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Selective buying on cotton market
Selective buying was witnessed on the cotton market on Saturday as mills chose to remain on the sidelines due to higher rates, dealers said. The official spot rate was unchanged at Rs 6,400, dealers
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