ICE Futures Hit A New Low, Worth Warning
In July 13th, despite ICE
cotton
The futures contract in December touched a recent low of 73.3 cents, but the overall rise in US commodity and stock markets helped cotton prices get out of the trough and rise in the middle.
In addition, demand from the spot market is strong, and textile factories such as China, Turkey, Indonesia and South Korea are purchasing the cotton prices on the eve of the previous day.
Since the beginning of June, the seasonal rainfall in India has decreased by 12% compared with the normal values in previous years. However, the lack of rainfall is expected to be replenished with the arrival of precipitation before the end of July.
According to India
clothing
The Export Promotion Association (APEC) statistics show that the clothing export volume of India in the year of 2009/10 was 10 billion 640 million US dollars, a decrease of 2.64% compared with the same period last year. APEC believes that the main reasons for the decline in India's clothing exports are three points: first, the reduction in exports to the EU; second, the US market has not shown any growth; third, the competition between the low cost clothing producers in Bangladesh and Vietnam is fierce.
On the same day, the US dollar fell and promoted the rise of the commodity market.
cotton
Futures also benefit from this.
However, it is worth noting that the December contract reached a new low, indicating that the shock interval will be re established. I believe that the lowest price of cotton will go down further in the near future, and the top interval may be between 75.50-75.75 cents.
- Related reading
Hebei Guangzong Real Estate Lint Price Fell &Nbsp; Cotton Growth Overall Normal.
|Datong Coal Industry Intends To Spend 2 Billion 200 Million Yuan On Acquisition Of Mine Assets
|- Professional market | A Brief Account Of The History Of Adidas Collecting Money With Pharrell Williams
- market research | What Is The Business Logic Of Shanghai K11'S Miracle Of Shopping Malls?
- Show show | China Fashion Week: Look At Oriental Fashion Day How To Serve The Designers In All Directions
- Popular this season | China Fashion Week] Oriental Fashion Day Brings Together Fashion Industry Elites To Highlight Oriental Fashion Colors.
- neust fashion | [Shanghai Fashion Week] Want To Wear Thin, Undress, Meat And Fish Thread, Where Is Shoulder Line Important?
- Fashion character | At The Age Of 90, There Is An Elegance Called Elizabeth S.
- Dress culture | "To Make The World More Human"
- neust fashion | 大朗那“燒不著”的毛衣
- Leisure clothes | Chen Wen 2018/19 Autumn Winter Cowboy Fashion Release
- Daily headlines | Interview With Zhou Shikang, Director Of The Organizing Committee Of China (Shenzhen) International Fashion Festival, To Help Shenzhen Move Towards A New Era Of Global Fashion Home.
- 2011度假系蕾絲小禮服PK雷！誰勝誰敗？
- Quanzhou Taiwan Set Off A Climax Of Cooperation, How Can Shoe Companies Seize ECFA Business Opportunities?
- Hunan Infant Clothing 4 Percent Unqualified
- Hebei Guangzong Real Estate Lint Price Fell &Nbsp; Cotton Growth Overall Normal.
- Gigi Leung: Fresh And Natural Goodwill. Dressing Style Is Undefeated.
- Introduction To The Standard Of Nonwoven Hot Melt Adhesive Lining
- American Scientists Invented The Magic Cloth &Nbsp; "Can Sing And Jump".
- Prada Statement: Lu Qiang'S Purchase Of 13%Prada Shares Is Not True.
- Russia To Study New Generation Of Silicone Adsorbent For Medical Use
- 瑞典版“小Ｊ”時髦短發貼上時尚標簽