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Cotton prices stable; haze over China's policy
The USDA's latest report featured an increase to global figures for 2014/15 beginning stocks (+336,000 bales, to 100.3 million) and production (+376,000 bales, to 118.0 million) as well as a decrease to the estimate for world consumption (-479,000 bales, to 112.1 million).
Garmenting: Past, Present and Future
The history of clothing is very intriguing and it is believed that wearing clothing can be traced through genetic analysis on human body traces, to as far as 107,000 years ago.Existence of sewing needles date back to 19,000 BC, while the use of dyed flax were found as far as 36,000 BC.
Cotton prices stable; haze over Chinas policy
Although December futures have been testing higher values, they have yet to break decisively above resistance near 68 cents/lb and were range-bound over the past month with values trading between 65 cents/lb and 68 cents/lb.
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