Trends - ICE Cotton Futures - Business Recorder

ICE Cotton Futures

Cotton weaves best year since 2010 on robust demand, supply constraints

NEW YORK: ICE cotton futures were en route to their biggest yearly rise in 11 years on Friday, boosted by robust...

Published 02 Jan, 2022 05:05am

Markets

Cotton eases off four-week high on dollar strength

NEW YORK: ICE cotton futures retreated on Tuesday in thin year-end trading from a four-week peak hit in the previous...

Published 29 Dec, 2021 06:57am

Markets

Cotton set for third weekly rise as Omicron fears ease

NEW YORK: ICE cotton futures rose on Thursday and were on track for a third straight weekly gain on strong demand...

Published 24 Dec, 2021 05:43am

Markets

Cotton futures soften on better crop conditions

NEW YORK: ICE cotton futures weakened on Tuesday, after a federal weekly report indicated improvement in crop...

Published 25 Aug, 2021 04:43am

Markets

Cotton futures up on strong demand

NEW YORK: Cotton futures up 1percent on strong demand, set for best week since early June July 16 (Reuters) - ICE...

Published 18 Jul, 2021 04:14am

Markets

Cotton off contract high after weak export sales data

NEW YORK: ICE cotton futures eased off a contract high hit earlier on Thursday after a weekly report by the US...

Published 16 Jul, 2021 04:34am

Markets

NY cotton heads for 4th-straight weekly gain

NEW YORK: ICE cotton futures headed for a fourth straight weekly rise on Friday, bolstered by an upbeat US supply ...

Published 12 Jun, 2021 05:04am

Markets

Cotton ticks up on weaker dollar, West Texas rain forecasts cap upside

Cotton contracts for July rose 0.26 cent, or 0.3% to 83.08 cents per lb.
The report also showed cotton was 61% planted in Georgia, up from 37% in the prior week.

Published 25 May, 2021 09:46pm

Markets

Slow trading activity on cotton market

KARACHI: The local cotton market on Thursday remained sluggish. Market sources told that trading volume remained ...

Published 30 Apr, 2021 05:06am

Markets

Subdued business on cotton market

KARACHI: The local cotton market on Tuesday remained sluggish. Market sources told that trading volume remained very...

Published 28 Apr, 2021 03:18am

Markets

Official spot rate remains firm on cotton market

LAHORE: The sluggish trend remained continued in the local market on Friday

Published 17 Apr, 2021 03:28am

Markets

Cotton futures surge

NEW YORK: ICE cotton futures rose on Tuesday with the market finding some support from weakness in the dollar, which...

Published 14 Apr, 2021 03:21am

Markets

Cotton rises 3pc on mill buying after sharp fall

NEW YORK: ICE cotton futures rose 3% on Friday, with mills taking advantage

Published 27 Mar, 2021 05:41am

Markets

India's cotton production seen at 29.3mn bales: USDA

Cotton prices have improved due to strong export demand for raw cotton and cotton yarn.

Published 05 Jan, 2021 11:10am

Markets

Cotton extends gains as vaccines brighten demand outlook

The cotton contract for March was up 0.61 cent, or 0.8%, at 75.28 cents per lb.
Demand has improved, but it always does at this time of year. However, the contract will likely struggle getting above 76 cents.

Published 16 Dec, 2020 01:12am

Markets

Cotton latches on to decline in grains as focus turns to export sales

The cotton contract for March was down 0.08 cent, or 0.1%, at 72.11 cents per lb.
Cotton market is following the grains market and grains market bounced back a bit and cotton is doing the same thing.

Published 03 Dec, 2020 12:38am

Markets

Cotton gains on dollar slide, economic recovery hopes

The cotton contract for March was up 0.45 cent, or 0.6%, at 72.60 cents per lb.
We're seeing a huge break in the US dollar. A weak dollar is positive for cotton down the road.

Published 02 Dec, 2020 12:44am

Markets

Cotton gains on firm export sales data, weaker dollar

The cotton contract for March was up 0.46 cent, or 0.6%, at 72.82 cents per lb.
The export sales were real good and the dollar is threatening to take out a 2-1/2 year low.

Published 28 Nov, 2020 12:48am

Markets

Cotton slips over 1pc on profit taking ahead of US holiday

The cotton contract for March was down 1.14 cent, or 1.5%, at 72.66 cents per lb.
Prices on Monday hit 74.27 cents, its highest level since May 7, 2019, helped by vaccine hopes and a rally in gains market.

Published 25 Nov, 2020 12:48am

Markets

Cotton jumps to near 9-month peak on harvest worries

The cotton contract for December rose 1.25 cents, or 1.8%, to 71.17 cents per lb.
There are forecasts for above normal rain in the southeast that could delay the ongoing harvest.

Published 20 Oct, 2020 12:32am

Markets

ICE cotton scales over 8-month peak as rains delay harvest

The cotton contract for December rose 0.76 cent, or 1.1%, at 69.98 cents per lb .
The front-month contract earlier hit its highest since Jan. 30 at 70.04 cents and was on track for a second straight weekly gain, rising 3.5% so far this week.

Published 17 Oct, 2020 12:30am

Markets

ICE cotton steadies ahead of weekly export sales data

Cotton contract for December was steady at 68.96 cents per lb
"Technically, cotton will target the price of 70 cents on the upside, while support could be around 66 cents," Lea added.

Published 16 Oct, 2020 01:08am

Markets

Cotton futures ease on increasing harvest pressure

Cotton contract for December fell 0.20 cent, or 0.3%, to 68.63 cents per lb,
Cotton is too high for the amount of supply in the US and the world.

Published 15 Oct, 2020 12:26am

Markets

Cotton falls as Trump tests positive for COVID-19; eyes weekly decline

Cotton contracts for December fell 0.11 cent, or 0.2%, to 65.80 cents per lb.
Global equity markets slumped and oil prices dipped after Trump's positive test news.

Published 02 Oct, 2020 11:13pm

Markets

Cotton gains along with equities; set for fourth monthly gain

The contact has added about 1.4% for the month due to crop damage worries from Hurricane Sally and storm Beta.
We are seeing a little bit of repositioning ahead of the end of the month.

Published 30 Sep, 2020 11:36pm

Markets

Cotton rises to near 2-week high on technical buying, weak dollar

Cotton contracts for December rose 0.15 cent, or 0.2%, to 66.10 cents per lb,
Certificated cotton stocks deliverable as of Sept. 25 totaled 12,155 480-lb bales, up from 10,484 in the previous session.

Published 28 Sep, 2020 11:17pm

Markets

Cotton futures set for second weekly gain as rains delay harvest

There is a little bit of a wet weather that is bothering the harvest. It is not really harming the quality but prolonging the harvest.
Limiting cotton's advance, the dollar scaled a two-month peak and was on track for its biggest weekly gain since early April.

Published 26 Sep, 2020 12:02am

Markets

Cotton futures gain on unfavorable weather, dollar pull-back

Cotton contracts for December settled up 0.21 cent, or 0.3%, at 65.46 cents per lb, after earlier touching their lowest level since Sept. 11.
The dollar was down 0.1% against key rivals after hitting a two-month high earlier in the session on economic recovery concerns.

Published 25 Sep, 2020 02:01am

Markets

Cotton futures slip as dollar gains on economic recovery fears

Cotton contracts for December fell 0.39 cent, or 0.6%, to 65.15 cents per lb,
The dollar rose to its highest since July 27 earlier in the session.

Published 24 Sep, 2020 12:40am

Markets

Cotton gains after 5-session fall; strong dollar caps upside

Having posted losses in the last five sessions, cotton contracts for December rose 0.21 cent, or 0.3%, to 65.45 cents per lb,
It traded within a range of 65 and 65.95 cents a lb.

Published 22 Sep, 2020 10:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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