CT=F - Cotton No. 2 Futures,Jul-2018,C
| Pre. Settlement | N/A |
| Settlement Date | 2018-07-09 |
| Open | 84.12 |
| Bid | 83.16 |
| Last Price | 84.12 |
| Day's Range | 82.90 - 84.55 |
| Volume | 12,916 |
| Ask | 83.18 |
- Quartz•7 days ago
Wars, not just genius, fuelled Britain’s industrial revolution
Conventional wisdom says Britain’s transformation in the 18th century from an agrarian economy to an industrial one was largely midwifed by technological innovation and mechanisation, as symbolised by the steam engine and the cotton factories, respectively. However, in a new book titled Empire of Guns, Priya Satia, a professor of British history at Stanford University,…
- Quartz•10 days ago
Before you go shopping for spring, clean out your closet
Nothing gives me the “I wants” quite like springtime. I want a ruffled dress, a cotton-and-linen suit, orchid-pink clogs, a million bodysuits, and so on. But the fact is, these wants have less to do with any lack in my closet than the fact that I can’t see what’s in there. It’s just too stuffed.…
- Quartz•23 days ago
In a disposable age, luxury is something old, worn, and beautiful
It’s not fun to wear old-fashioned, 100% cotton denim in its “raw” unwashed state. It’s stiff, like cardboard. It tends to crease rather than fold. It’s constricting and rough against the skin. Most of the jeans you’ll find in stores today weren’t worn in for decades before softening into their current form. They’re washed to…
Reuters•last monthHigh fibre: India cotton exports gather pace as global prices rally
India's cotton exports have been gathering pace after global prices jumped to four-year highs, with traders in the world's top producer of the fibre signing contracts in the last three weeks to ship over 1 million bales, industry officials told Reuters. Increased supply from India could drag on the rally in international prices and would likely compete with shipments to Asia from exporters such as Australia, Brazil and the United States. Indian cotton is being offered around 82 to 85 cents per lb on a cost and freight basis (C&F) to buyers in Bangladesh and Vietnam, compared to over 90 cents from the United Sates and Brazil.
Reuters•last monthIndia cuts Monsanto's GM cotton seed royalty, may trigger another row
India has cut royalties that local seed companies pay to Monsanto Co for the second time in two years, potentially fuelling another row with the U.S. company that threatened to leave the South Asian country in 2016. India's agriculture ministry has decided to reduce royalties paid by Indian seed companies to Monsanto for its genetically modified (GM) cotton by 20.4 percent, said a government order released on Tuesday.
- Quartz•2 months ago
Why do American women prefer applicator tampons, while the rest of the world’s women don’t?
Running a sustainable period care company is difficult. Just ask Afsaneh Parvizi-Wayne, the founder of Freda, a UK-based period subscription box that delivers pads, tampons, and liners to women and sources organic cotton and sustainable materials wherever possible. One of the big problems she faces is reducing plastic in her products: Like in the US,…
Reuters•2 months agoIndia set to cut Monsanto's GM cotton seed royalties by 20 percent: sources
India is likely to impose another cut to Monsanto royalties paid by domestic companies for its genetically modified (GM) cotton seeds, industry and government sources said. The latest reduction risks another row with the U.S. company, the world's biggest seed maker, which threatened to leave India in 2016 when the government cut its royalties by more than 70 percent. This time the government plans to reduce royalties by 20.4 percent to compensate Indian seed makers and also plans to cut prices of GM cotton seeds to help farmers whose fields have been ravaged by pest attacks, the sources said.
- Quartz•2 months ago
The dirty industry of fast fashion is causing an environmental “emergency”
The $2.5 trillion fashion industry is the second-largest user (pdf) of water globally, according to the United Nations Economic Commission for Europe (UNECE), noting that producing one cotton shirt requires 2,700 liters of water—”the amount a person drinks in 2.5 years.” The agency also estimates that one in six people worldwide works in a job…
- Reuters•2 months ago
U.S. Republican senator backs review of Broadcom's Qualcomm bid
U.S. Senator Tom Cotton said on Monday he backed a U.S. government panel's decision to delay a Qualcomm Inc shareholder meeting to allow for a more extensive review of Broadcom Ltd's takeover bid. "Qualcomm’s work is too important to our national security to let it fall into the hands of a foreign company — and in a hostile takeover no less," Cotton, a vocal Republican voice on foreign relations, said in a statement. The U.S. Committee on Foreign Investment in the United States (CFIUS) on Sunday ordered Qualcomm to delay its March 8 shareholder meeting, an unprecedented move that cast new doubt on Singapore-based Broadcom's $117-billion bid for its U.S. semiconductor peer.
- Quartz•3 months ago
An Indian designer is accusing Christian Dior of copying one of his prints
An Indian design studio has accused Christian Dior of plagarising one of its block prints. People Tree, a New Delhi-based studio and store, has alleged that a yoga print featured on a red cotton dress designed by the French luxury giant— and worn by Bollywood actress Sonam Kapoor on the cover of the January issue…
Reuters•3 months agoIndia cotton traders cancel export deals in pivot to local market: association chief
Indian cotton traders have cancelled contracts to export some 400,000 bales of the fibre after a rally in domestic prices and the rising rupee made overseas sales unattractive, the president of the Cotton Association of India told Reuters. The switch, triggering penalty payments by traders, has left cotton buyers in leading markets like Bangladesh, Vietnam and China seeking to make up shortfalls by tapping suppliers in the United States, Australia and Brazil, said association head Atul Ganatra. The cancellations and higher local prices could cut India's exports to 5 million bales, each of 170 kg, in the 2017/18 marketing year started on Oct. 1 - nearly a quarter below an initial estimate, Ganatra said.
- Reuters•3 months ago
India cotton traders cancel export deals in pivot to local market: association chief
Indian cotton traders have cancelled contracts to export some 400,000 bales of the fibre after a rally in domestic prices and the rising rupee made overseas sales unattractive, the president of the Cotton Association of India told Reuters. The switch, triggering penalty payments by traders, has left cotton buyers in leading markets like Bangladesh, Vietnam and China seeking to make up shortfalls by tapping suppliers in the United States, Australia and Brazil, said association head Atul Ganatra. The cancellations and higher local prices could cut India's exports to 5 million bales, each of 170 kg, in the 2017/18 marketing year started on Oct. 1 - nearly a quarter below an initial estimate, Ganatra said.
- Quartz•4 months ago
Why is China creating utopian “art cities” in its former wastelands?
The Chinese mega-city Shenzhen normally conjures images of wide streets, tall buildings, booming factory production, record-breaking construction speed, money, pollution, and materialism. But on the eastern edge of the city, 15,000 Chinese people—many of them artists—don loose linen and cotton clothes, live on narrow lanes and alleys in traditional-style houses, and go against all stereotypes…
- Quartz•5 months ago
A high-school student designed an app that could save farmers’ lives
Growing up in Shafter, a small city in California’s Central Valley, Faith Florez would pass farmworkers stooped over in the fields each morning on the way to school. “There were strawberries, carrots, almonds, cotton—everything you could imagine,” she says. The world of the farmworker was a familiar one. Florez’s great-grandparents had arrived in Shafter from…
- Reuters•5 months ago
ICE cotton rises on Indian crop concerns
(Reuters) - ICE cotton futures edged up on Wednesday, hovering near more than two-month highs hit last week on concerns over crop damage in top producer India.
- Quartz•5 months ago
Tracing Mumbai’s evolution from a city of mills to a metropolis
In the 19th and early 20th centuries, the cotton mills were the beating heart of colonial-era Bombay (now Mumbai). First established in 1854, these mills went on to attract migrant workers from across the region, eventually employing some 150,000 people by the early 1920s, including a sizable proportion of women. These workers produced an export…
- Quartz•5 months ago
Amazon’s exclusive deal with Calvin Klein is about much more than underwear
For the first time, Calvin Klein is bypassing department stores to sell its newest underwear exclusively on Amazon this holiday season, the Wall Street Journal reports. The undergarment styles, which include cotton bralettes and striped panties, will be available on Amazon.com and in pop-up shops in New York and Los Angeles, from today (Nov. 16)…
- Quartz•6 months ago
Fast fashion was inspired by Europe’s inability to mimic Indian garb
For many centuries, Asia was both the center of the world’s textile production and the source of its fashion trends. India, in particular, was responsible for the largest share of textile production and for much of the finest kinds of cloth. Indian manufacturers had sophisticated methods for weaving cotton into light, breathable textiles, and vibrant,…
- Digital Trends•6 months ago
SilverBorn uses silver and corn fibers to keep your sheets clean and comfy
Not only do SilverBorn sheets have silver infusions, but they're made of corn fibers. Corn fiber fabric is said to produce 80 percent less greenhouse gas during the manufacturing process than cotton, soy fiber, or bamboo.
- Quartz•6 months ago
Is it time for Facebook, Twitter, and Google to become more American?
This week, US Congress members accused Facebook, Twitter, and Google of being everything from hapless to stupid in a series of public hearings in Washington D.C. But Tom Cotton, the Republican senator from Arkansas, took things a step further, and called them traitors. Cotton lit into Twitter attorney Sean Edgett about the company’s refusal last…
- Rigzone.com•7 months ago
Tropical Storm Nate Threatens Oil Rigs as It Targets U.S. Gulf
Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.
- Reuters•7 months ago
India's food grain output from summer crop seen down 3 percent
NEW DELHI (Reuters) - India's food grain production from summer-sown crops is likely to fall 2.8 percent in 2017/18 from a year ago to 134.67 million tonnes on lower rice output, the government said on Monday. Production of summer-sown rice is estimated to fall 2 percent to 94.48 million tonnes, while production of pulses could drop 7.5 percent to 8.71 million tonnes, the government said in a statement. Cotton output could fall to 32.27 million bales from 33 million bales a year ago despite a rise in the crop area. ...
- Quartz•7 months ago
Fungus furniture will give you the green-living bona fides you’ve been seeking
If you’re yearning for an especially eco-friendly alternative to conventional mass-produced, flat-packed furniture, a designer duo in London might have just what you’re looking for. Sebastian Cox and Ninela Ivanova are growing chairs and lamps using fungus. The core of the biotech in the furniture is mycelium, the cotton candy-like, vegetative part of fungus. Cox…
- Quartz•7 months ago
Scientists created cotton that glows and is magnetic
Your reliable, plain cotton t-shirt might be on the cusp of a technological breakthrough, thanks to sugar. A group of scientists from the Weizmann Institute of Science in Israel were curious about how they might make cotton fabric more useful, so they figured out a way (paywall) to trick the plant into eating up a…
- Market Realist•9 months ago
Cotton Continues to Move Lower This Week
Prices for No. 2 cotton currently trading on the ICE (Intercontinental Exchange) are trading significantly lower than last week's average.
