*Cotton down 2 pct after hitting 6- month high Monday. NEW YORK, Feb 25- Natural gas futures slumped for a second straight session on Tuesday, slashing year-to-date gains, while cotton prices also fell in a broad commodities selloff sparked by profit-taking. Corn, a base for animal feed, also rose, reversing early losses.» Read More
Cotton Incorporated and Maker's Row, an online marketplace, have partnered to bring back more "Made in USA" goods.
*China to maintain stockpiling for rapeseed, corn, sugar. BEIJING, Jan 20- China, the world's top buyer of raw cotton and soy, will this year scrap its controversial scheme to stockpile the commodities and will trial direct subsidies for farmers instead, the government said in a policy document.
BEIJING, Jan 20- China, the world's top buyer of raw cotton and soy, will this year scrap its controversial scheme to stockpile the commodities and will trial direct subsidies for farmers instead, the government said in a policy document.
NEW YORK, Jan 16- U.S. commodity markets rose broadly on Thursday with cotton futures hitting five-month highs on strong export sales and raw sugar rebounding from a mid 2010 low on short-covering. The Thomson Reuters/ Core Commodity Index, a sector bellwether, rose 0.2 percent after gains in 13 of the 19 commodities it tracked.
*Around 15 firms have moved operations to Vietnam- trader. BEIJING/ SINGAPORE, Jan 15- Chinese yarn makers, crippled by artificially high prices for cotton at home, are shifting production overseas to secure cheaper raw materials, even going as far afield as the United States.
NEW YORK, Jan 7- U.S. cotton prices jumped their most in two weeks on Tuesday on news that top producer China could be paring plantings, and gasoline prices also rallied to lead gains in commodities. U.S. cotton's front-month contract, March, settled up 1.04 cents, or 1.2 percent at 84.67 cents after news of the China survey.
NEW YORK, Dec 20- Louis Dreyfus Commodities BV lost a bid on Friday to dismiss a lawsuit by traders accusing it of illegally manipulating the price of cotton futures in 2011.. District Judge Andrew Carter in Manhattan dismissed one claim in the proposed class action, but largely allowed the lawsuit to move forward.
NEW YORK, Dec 20- Louis Dreyfus Commodities BV lost a bid on Friday to dismiss a lawsuit by traders accusing it of illegally manipulating the price of cotton futures in 2011.. District Judge Andrew Carter in Manhattan dismissed one claim in the proposed class action but largely allowed the lawsuit to move forward.
*Beijing wants to stop companies mixing in imported fibre. BEIJING, Dec 10- Two more Chinese cotton processors have been barred from selling to the state stockpiler as Beijing intensifies a crackdown on firms suspected of mixing in imported fibre to profit from cheaper overseas supplies.
BEIJING/ NEW YORK, Nov 27- China, the world's top cotton consumer, will start sales from its huge reserves of fibre on Nov. 28, the China National Cotton Exchange said on Wednesday, but trade sources expect tough competition from cheap Indian imports. Spot prices fell to their lowest since January at just under 74 cents a pound last week from near 94 cents in August.
NEW YORK, Nov 22- The price of benchmark Brent crude oil rose for a second straight session on Friday on short-covering while U.S. soybeans surged on data showing bullish exports. Cotton sank 2 percent and touched a more than 10- month low, weighed by supply pressures, demand worries, and long liquidation.
Nov 21- Canadian clothing maker Gildan Activewear Inc forecast first-quarter profit below analysts' estimates, saying its cotton costs would remain high because it bought the raw material before prices declined. Cotton prices have fallen nearly 17 percent from a five-month peak of about 94 cents per pound in August.
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.
Andrew Su, CEO, Compass Global Markets, says while India's reversal of the ban on cotton exports will have little impact, prices will likely fall to 80 cents per pound on a shift toward synthetic fiber and an increase in cotton stockpiles.
Dominic Schnider, Head Commodity Research, UBS Wealth Management, says the cotton market is adequately supplied and he doesn't foresee further upside for the commodity.