FUTURE
Cotton Futures
Contract High Low Last Change
ICE
Dec-18
Mar-18
May-19
MCX
Oct-18
Nov-18
Dec-18
Gujcot Trade Association
Latest
Gujcot Spot Rate
Gujcot Spot Rate

28-Mar-2024

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

As on 29-Feb-2024

Cotton On-Call
Cotton On-Call

As on 22-Mar-2024

Cotton Future Close
Cotton Future Close

28-Mar-2024

News & Reports
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 98,100
    Upland Shipments 3,60,700
    Net Pima Sales 13,500
    Pima Shipments 4,500
    TOTAL SALES 1,11,600

    2024-2025
    Net Upland Sales 72,200
    Net Pima Sales 00
    TOTAL 72,200
US Planting Intentions Report
  • All cotton planted area for 2024 is estimated at 10.7 million acres, up 4 percent from last year. Upland area is estimated at 10.5 million acres, up 4 percent from 2023. American Pima area is estimated at 203,000 acres, up 38 percent from 2023.

PCCA Cotton Market Weekly
  • MARCH 28, 2024

    Cotton futures finished lower for the week at 91.38 cents per pound but managed to recover some of the week’s losses after the release of Thursday’s Prospective Plantings report.

    • May futures closed at 91.38 cents per pound, finishing 83 points lower for the week.

    • News in the cotton market was relatively light this week, as traders were anticipating the Prospective Plantings report.
Cleveland on Cotton
  • Cotton Prices Holding, But Looking a Bit Weary

    Mar 24, 2024

    Some times are more difficult than others.

    That great cotton and pecan grower Jerry Calvani of New Mexico used to suggest I was “struggling” during those times. Nevertheless, the market seems to be struggling, struggling to hold 90-93 cents. A fall below 91 cents opens up a quick drop to 88 cents and adds further pressure to slip back into the mid-80s. Yet, there does appear to be enough business, albeit minimal, to keep market prices in the high 80s and even the low 90s.
PCCA Cotton Market Weekly
  • MARCH 15, 2024

    May futures finished higher in only one of the five trading days.

    • Last Friday’s bullish USDA report did little to help the market. Fundamentals played almost no part in the sell-off.

    • One exception is an estimated 16.4 million bale Brazilian crop, which, if estimates prove true, would be a new record.
GUJCOT WEEKLY REPORT 16-MAR-2024
  • Market Movement from 11th Mar 2024 to 16th Mar 2024.

    • After experiencing high volatility in the last two weeks, this week has seen a slowdown with less volatility in the New York (NY) market. Prices remained within a narrow range of 93.50 to 97.50. The increase in certified stock has constrained speculators from pushing prices higher. Consequently, the current NY market lost 134 points week over week.
Get in touch