Which commodities are most affected by lower oil prices? - Materials Risk
doubled and the price of silver increased by 50%. plausible explanation for a cotton price spike. . However, relationship between the price differential for. Thus, in conclusion, the cotton futures prices tend to play a significant role. BAL correlates perfectly to the price of cotton. For more information on BAL and its perfect correlation to the sub index in which it tracks, please.
Futures contract of commodities which have little footprint outside India viz. However, energy, precious and base metals have strong correlation with overseas futures. Even soyabean, cotton, palm oil, sugar, etc. Currency volatility Futures of metals and energy commodities viz crude oil, gold, silver, copper, zinc which are actively traded on the domestic bourses show strong correlation with their corresponding global benchmark futures contracts.
MCX crude oil futures have a strong correlation of A sharp weakness in the rupee, similar to events inleads to higher domestic prices even as global prices could be stagnant.
The days correlation of MCX gold futures with Comex gold futures is near 70 per cent. For a considerable time in the past, the correlation was high as 99 per cent. However, the volatility in the rupee along with distortion due to increase in import duty of gold and silver contributed to lower correlation in recent times. Thus these contracts will not be affected by changes in Indian import duty or other duties. Market hours MCX copper futures have near Indian metals and energy futures also have a higher intraday correlation with global futures since Indian commodity markets are active till MCX zinc, aluminium, lead and nickel futures contracts also show a very strong correlation with the corresponding benchmark contracts on the LME.
Futures contract in agricultural commodities also exhibit better correlation with international benchmark contracts; however, it is not as strong as it is with metals and energy commodities. NCDEX soyabean futures currently have day correlation at The length of filaments may range from a few hundred meters, as in the case of silk, to several kilometers in the case of man-made fibers.
The thickness of filaments is similar to that of fibers. They exist either in monofilament or multifilament. Filament tow is a loose rope of several thousand fibers, is crimped or textured, and cut to staple length. Large diameter fibers are crisp, rough and stiff. Fine fibers are soft and pliable and fabric made of them drape more easily. In natural fibers, fineness is one factor which determines fine quality fibers of better quality. The diameter range for natural fibers is 16 to 20 micrometers for cotton, 12 to 16 for flax, 10 to 50 for wool, and 11 to 12 micrometers for silk.
Fiber length to fiber breadth diameter ratio This ratio decides suitability of a fiber for spinning into yarn, provided, it first meets the fiber length and thickness requirement.
The smallest appropriate ratio of fiber length to fiber breadth thickness is about Ratio less than this indicate a fiber which will not permit twisting of fiber into a yarn structure.
But fiber ratio of Fineness of manufactured fibers is measured as denier or tex. Denier is the weight in grams of meters of fiber or yarn. It gives the fineness or coarseness of fibers. Small numbers refer to fine fibers; large number describes coarse fibers.
It is related with end use of fiber. Tex is the weight in grams of meters of fiber or yarn.
Textile fibers range from 1 to 7 denier. Carpet fibers ranges from 15 to 24 denier. Industrial fibers show the broad range from 5 to several thousand, depending on the use. Denier per filament dpf describes fiber size; it is often used when describing or specifying yarns.
Relation of cotton fiber properties to silver cohesion.
Dpf is calculated by dividing the yarn size by the number of filaments: Fine cotton, wool has 5 to 8 denier; carpet wool is 15 denier. Color White or colorless fibers and filaments are preferred. Color of natural fibers and delustred man-made fibers are white to off-white.
Bright-lustre man-made fibers and filaments are colorless because they are translucent. Reason of preference for white or colorless fibers is they can be dyed or printed with any hue of color.
Translucency A translucent fiber will transmit light but is not transparent. Silk and manmade fibers, when bright-lustred, are translucent.
Which commodities are most affected by lower oil prices?
Cotton, flax and wool are also delustred man-made fibers, tend to be opaque; but when these fibers are made into light to very light weight fabrics, then their fineness makes them translucent. Luster Luster results from the way light is reflected from surface. This is a subjective measure of the reflection of incident light from a fiber, filament or textile material. The more lustrous a fiber, the more evenly does it reflect the incident light. The less lustrous or dull fiber or filament, the less evenly does it reflect or the more does it scatter the incident light.
Cotton has a convoluted fiber structure and wool a serrated surface structure, the result is that these fibers scatter the incident light, and are thus dull fibers. The more regular and even surface structure of flax, mercerized cotton and silk gives these fibers a distinct luster, due to the even reflection of incident light.
The irregular specks of delustering agent contained within delusterd man-made fibers scatter sufficient of the incident light to make these fibers or filaments duller than their bright luster equivalents.
A preference for non-lustrous or dull textile fibers and filaments exists. This is evident in the predominance of dull-lusterd or non-lustrous apparel and household textiles normally purchased and used by consumers. Cross-section of fiber effects upon luster and other physical fiber properties.