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
Gujarat Spot Rate
Gujarat Spot Rate

20-Apr-2019

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 31th March-2019

ICE Cotton Weekly Changes
ICE Cotton Weekly Changes

As on 18-April-2019

Cotton Future Close
Cotton Future Close

18-Apr-2019

News & Reports
Gujcot Weekly Report
  • Market Movement from 15th Apr 2019 to 20th Apr 2019

    • After consecutive 5 weeks of gain, NY Future closed this week in red. Option expiry, Rollover to next future and some profit booking put pressure on NY Futures. Export sales were lower than last week but better than pace required to meet the target. US cotton is cheaper and demanded by the world. New crop of Brazil also on the way to give July shipment at the same basis, will compete US and force December NY to stay lower than old crop.
Rose On Cotton 19-Apr-2019
  • ICE COTTON POSTS MODEST WEEKLY SETBACK, CONTINUES TO FIND SUPPORT

    ICE cotton posted a modest loss for the abbreviated trading week, with the Mar contract giving up 59 points to finish at 78.27. The Dec contract gave back 14 at 77.05. The July – Dec inversion weakened to 122 but remains a bullish near-term and bearish longer-term omen.
Weather Forecast 20-April
  • Weather Systems across the Country

    A feeble Cyclonic Circulation is present over eastern parts of Bihar. A Trough is extending from this system to South Tamil Nadu across Gangetic West Bengal, Coastal Andhra Pradesh, South Interior Karnataka and Interior Tamil Nadu. An Anti Cyclone is over parts of Bay of Bengal. Another Cyclonic Circulation is over East Assam.
Plexus Market Comments 18 April
  • So where do we go from here?

    We feel that the market is fairly priced at the current level and that May is probably not far from its “cash equivalent value” at around 7600. Therefore, if takers were to emerge who simply look at the certified stock as a recap to put against export sales, then there is no need for the market to go much lower, nor do we need to see full carry.
Cotton Indices and Spot Rate As on 18-Apr-2019
  • US Upland Spot Rate 72.81 -0.69

    Brazil Cotton Index 73.85 -0.09%

    KCA Spot Rate 8,800 Unch

    MCX Spot Rate 22,440

    China Cotton Index
    As on 19-Apr-2019

    CC Index 328 15671 -01
    CC Index 227 14712 +05
    CC Index 229 16093 +0
ICE Cotton Update
  • COTTON SLIPS AS DOLLAR GAINS; POSTS WORST WEEK IN 2-MONTHS

    ICE cotton futures fell on Thursday as the dollar strengthened, while a fall in the weekly export sales report from the United States Department of Agriculture's (USDA) added to the downbeat sentiment.

    The most-active cotton contract on ICE Futures U.S. July settled down 0.69 cent, or 0.87 percent, at 78.27 cents per lb. It traded within a range of 77.77 and 79.04 cents per lb. * Prices fell 0.7% this week, its worst weekly decline in two months.
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