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Cotton Prices on International and Domestic Markets (Weekly Report)

2020-06-22 13:10:55| EmergingTextiles.com

Cotton prices have stayed firm in New York, as the US futures market was artificially supported by massive Chinese buying, and increasingly disconnected from physical trading. Market participants are now betting on a rebound in apparel retail sales in the post-lockdown period. Our weekly cotton report covers the futures market in New York and China, and the physical indicator "A Index". Domestic cotton prices in China, India, Pakistan, and Brazil are also reviewed through a large number of tables and charts. All data are available for download.

Tags: international report prices weekly

US govt pulls out of international talks on digital tax rules

2020-06-18 12:35:00| Telecompaper Headlines

(Telecompaper) The US government has withdrawn from international negotiations on new tax rules designed to improve tax collection from multinational internet companies. The Financial Times reports that the US treasury secretary Steven Mnuchin sent a letter to his counterparts in four European countries involved in the talks, informing them of the US decision to withdraw from the OECD-led negotiations.

Tags: international digital rules tax

Cotton Prices on International and Domestic Markets (Weekly Report)

2020-06-16 19:09:56| EmergingTextiles.com

Cotton prices could stay at very low levels for two years, at least, as cotton stocks will reach record highs outside China, in line with a long-term fall of cotton use. The latest data from the US Department of Agriculture (USDA) are offering a gloomy picture for the post-Covid era. Our weekly cotton report covers the futures market in New York and China, and the physical indicator "A Index". Domestic cotton prices in China, India, Pakistan, and Brazil are also reviewed through a large number of tables and charts. All data are available for download.

Tags: international report prices weekly