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
We Support ICC-2019 Organised By ICAL On 10th Nov-2019
Latest
Gujarat Spot Rate
Gujarat Spot Rate

11-Nov-2019

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 31th Oct-2019

USDA - WASDE
Cotton Future Close
Cotton Future Close

08-Nov-2019

News & Reports
Stock Position as on 09-Nov-2019
  • MCX

    Total Utilized Capacity = 725 Bales
    Eligible for Exchange Delivery = 150 Bales
    Quantity in Process = 325 Bales
    Rejected Stocks = 50 Bales
Weather Forecast 11-Nov
  • Very Severe Cyclonic Storm has crossed the Sundarban area close to Dhanchi forest and has weakened into a Cyclonic Storm.

    An upper air Cyclonic Circulation lies over Northeast Arabian Sea and adjoining parts of South Gujarat Coast in the lower atmosphere.

    Another Cyclonic Circulation lies over Comorin area and adjoining parts of South Tamil Nadu. An upper air Trough is extending from this system up to South Interior Karnataka in the lower levels.
Rose on Cotton
  • ICE COTTON FINISHES HIGHER POST UNEXPECTEDLY SUPPORTIVE WASDE REPORT

    10-November-2019

    The ICE Dec contract posted a 49-point win on WASDE week, finishing at 64.72.  The Dec – Mar spread weakened to 185, which is essentially full carry.
Gujcot Weekly Report
  • Market Movement from 04th Nov 2019 to 09th Nov 2019

    • NY December remained in small range. First three days of the week market closed in red and recovered after better weekly sales and with some positive announcement by China on Thursday on US China Trade war front. On Friday USDA released WASDE Report which reduced US crop by nearly 1 million bales and also reduced India, China and Pakistan production. So aggregate reduction for world production is nearly 3 million bales M/M.
ICE Cotton Update
  • ICE Cotton rises 1% after USDA projects lower output, ending stocks

    ICE cotton futures gained 1% on Friday after the U.S. Department of Agriculture's monthly supply-demand report showed lower U.S. and world production and ending stocks estimates for the 2019/20 crop year.

    The most active cotton contract on ICE Futures U.S., the front-month December contract , , rose 0.48 cent, or 0.75%, at 64.83 cents per lb at 1:42 p.m. EST. It traded within a range of 63.61 and 65.06 cents a lb.
Cleveland On Cotton 08-Nov-2019
  • 70 Cents Within Sight?

    USDA killed the Bear this week. USDA did not even provide an opportunity for hibernation. It was an outright slaughter. The next bear hasn’t been born and will not even be a cub until at least as early as 2022.
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