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MCX Cotton under fresh selling; Support seen at 21290

Commodity Online - 1/25/2021 7:32:00 AM
Technically Cotton market is under fresh selling as market has witnessed gain in open interest by 27.96% to settled at 6028 while prices down 170 rupees.<br /><br />Now MCX Cott

Cotton spinning: searching for large orders?

Business Recorder - 1/20/2021 3:32:00 AM
The words “highest” and “lowest” ever(s) have fast become cliches when it comes to Pakistan’s cotton industry. Few will be surprised to find out that at 4.75 million bales, Pakistan recorded its highest ever calendar year cotton import volume in 2020.

MCX Cotton under short covering; Resistance seen at 21240

Commodity Online - 1/21/2021 7:41:00 AM
Technically Cotton market is under short covering as market has witnessed drop in open interest by -8.61% to settled at 2737 while prices up 40 rupees.<br /><br />Now MCX Cott

Volatile 2021 Cotton Outlook

Ohio's Country Journal - 1/19/2021 9:18:00 PM
March cotton futures surpassed 82 cents per pound on Jan. 13, up more than 30 cents in the past 10 months. The latest USDA projections indicate U.S. cotton use and exports will eclipse production during the 2020-21 marketing year for the first time in three years,

Blankfein Called It, Now the Whole World Is Watching Commodities

Bloomberg - 1/16/2021 2:22:00 PM
September when Lloyd Blankfein, the former chief executive officer of Goldman Sachs Group Inc., suggested investing in commodities was “not a bad thing.” Prices for most materials were just off pandemic lows and the asset class was still very much the ugly duckling.

CCI almost stops procurement as cotton prices rise up to Rs 6,000/quintal

The Financial Express on - 1/15/2021 8:15:00 PM
The CCI had originally estimated a purchase of 100-125 lakh bales at the start of the season. Wholesale prices of cotton in most mandis in Maharashtra ranged from Rs 5,400 to Rs 5,500 per quintal in the last week of December.

COVID-19, Politics Could Derail Recovery of Cotton Market - 1/15/2021 2:47:00 PM
Cotton prices and demand are "remarkably" strong despite the ongoing worldwide COVID-19 pandemic and financial crisis, economic and policy experts said during the recent Beltwide Cotton Conferences. March cotton futures surpassed 82 cents per pound on Jan.

Cotton linter uptrend restrained by refined cotton? - 1/21/2021 6:05:00 AM
Cotton linter price has been rising rapidly since New Year's Day with notable increase, while refined cotton market activity keeps modest without big price volatility. Seed cotton processing has almost come to an end with less quantity,

Cotton futures close higher

Big News - 1/18/2021 3:24:00 PM
helping cotton-related enterprises hedge the price risk. ZHENGZHOU, Jan. 18 (Xinhua) -- Cotton futures closed higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for May 2021 delivery gained 195 yuan ...

Cotton imports cut benefits of record textile exports

Dawn - 1/17/2021 1:25:00 AM
Cotton and textile experts predict that the import of cotton could cross $1bn by the end of the third quarter of FY21.

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