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

19-Jun-2024

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

As on 31-May-2024

US Cotton Crop Progress
US Cotton Crop Progress

As on 16-Jun-2024

Cotton Future Close
Cotton Future Close

18-June-2024

News & Reports
GUJCOT WEEKLY REPORT 15-JUN-2024
  • Market Movement from 10th Jun 2024 to 15th Jun 2024.

    • The New York July future closed with a week-over-week loss of 287 points, while December future contract closed with a loss of 75 points week-over-week. This resulted in an inversion is now carrying December 117 points relative to July.
Cleveland on Cotton 14-Jun-2024
  • Mill Buying Increases, Yet Cotton Market Remains Cautious

    There are tiny cracks appearing in the cotton bear’s armor. They are minute, well camouflaged, and may be difficult to penetrate, but finally they are there. Indications are that mills can finally see value in cotton with prices in the low to mid-70s. Demand will have to surface by the first quarter of 2025 to truly build a higher price base.
PCCA Cotton Market Weekly 14-Jun-2024
  • Cotton futures continued to slide on a looser balance sheet for June and rains in the Southwest.

    • Since last week’s close, July futures gave up 409 points, settling at 71.35 cents per pound. The decline is primarily due to the contract’s liquidation as First Notice Day approaches.
USDA-WASDE
  • June-2024

    COTTON: The 2024/25 U.S. cotton projections show higher beginning and ending stocks compared to last month. Projected production, domestic use and exports are unchanged. The 2024/25 season average upland farm price is down 4 cents from the May forecast to 70 cents per pound following a decline in new-crop cotton futures.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 1,77,200
    Upland Shipments 1,86,600
    Net Pima Sales 3,700
    Pima Shipments 9,000
    TOTAL SALES 1,80,900

    2024-2025
    Net Upland Sales 1,77,400
    Net Pima Sales 0
    TOTAL 1,77,400
GUJCOT WEEKLY REPORT 08-JUN-2024
  • Market Movement from 03rd Jun 2024 to 08th Jun 2024.

    • NY July continues to experience weekly losses due to bearish fundamentals. Improved crop progress and lower shipments have intensified the bearish sentiment. NY July closed with a 231 points weekly loss, while NY December closed with a 222 points weekly loss. The July-December inverse widened to 95 points.
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