PARIS, Jan 16- Burkina Faso estimates its production of raw cotton will rise to 750,000 tonnes in 2016/ 2017 compared to around 600,000 tonnes in the previous harvest as favourable rainfall boosts output, the country's agriculture minister said on Monday. The 2016/ 17 harvest was showing improved quality as well as production, minister Jacob Ouedraogo told...
*Mills cease output in Hebei, Shandong- industry website. Mills have stopped buying raw cotton and closed in Hebei province and parts of Shandong, both major growing regions for the fibre, according to a report by Cncotton.com, a government-backed trade website. The report said cotton processing in parts of Hebei, one of the nation's most polluted provinces, may be...
*Importers could switch to the U.S., Brazil and Africa. MUMBAI/ BENGALURU, Nov 21- Exports of 1 million bales of cotton from top producer India have been delayed after a government move to ban high-value currency notes prompted farmers, who prefer cash payments, to postpone sales, industry officials told Reuters. The supply crunch has driven up prices in India to...
BEIJING, Sept 12- China could be preparing to auction sugar from its huge state stockpiles for the first time in five years following sales of millions of tonnes of corn and cotton over the summer, analysts and traders said. Han Xu, an analyst at Cofco Futures who had heard speculation about an auction, said it was "possible" China would sell some of its aging stock and...
There are problems emerging in the U.S. stock market, and that means it's time to sit on the sidelines, Dennis Gartman says.
Once the epitome of cheap mass manufacturing, textile producers from formerly low-cost nations are setting up shop in America, the NYT reports.
Cotton Incorporated and Maker's Row, an online marketplace, have partnered to bring back more "Made in USA" goods.
Dennis Gartman of The Gartman Letter, discusses the "fiscal cliff" negotiations, investing in housing and banking, and how to play cotton, with the Fast Money traders.
Selling gold stocks for these alternate investments looks like a good idea, says Dennis Gartman, editor of The Gartman Letter.
Gap has an amazing turnaround story, explains Mad Money host Jim Cramer. Despite the stock falling from $35 at the end of November to $31, it's a great time to buy the stock.
Soft commodities such as soy and corn should be used by investors to protect against inflation in the same way as gold, according to the founding partner of GAIA Capital, John Coast Sullenger.
The general trend pressure for cotton prices is bearish and this suggests continued testing of support near 85 cents a pound.
In search of a safe haven, investors are flocking into the U.S. dollar Tuesday and out of risk assets including commodities. Concerns about the ongoing situation in Greece and the euro zone as well as perceived weakness in the global economic recovery are some of the drivers.
Widely followed commodities trader Dennis Gartman on Monday said he wasn’t concerned about an official slowdown in China.
Fed Chairman Ben Bernanke hasn't said anything to change the trend that's been in place for precious metals since start of new year, so the buying continues.
What's moving in commodities in Monday’s trade:
Dry patch of weather in the Midwest is pushing grain prices higher, with Rich Ilczyszyn, MF Global.
CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index. Click ahead to learn about the hot and the not-so-hot commodities of 2011.
If you want volatility, all you have to do is look at the cotton trade. In the last week, it has shed 36 percent. Despite that, cotton is still up more than 37 percent in the last year.