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

US Export Sales Summary
US Export Sales Summary

For Week Ending 21-Mar-2024

Cotton Future Close
Cotton Future Close

27-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
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.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 92,600
    Upland Shipments 3,97,300
    Net Pima Sales 2,100
    Pima Shipments 1,200
    TOTAL SALES 94,700

    2024-2025
    Net Upland Sales 40,500
    Net Pima Sales 00
    TOTAL 40,500
PCCA Cotton Market Weekly
  • MARCH 22, 2024

    Cotton futures traded on both sides of the market but eventually settled lower for the week.

    • May futures continued last week’s descent, closing at 92.21 cents per pound and finishing 127 points lower.

    • In February, approximately 45% of China’s cotton imports came from Brazil, and 35% came from the U.S.
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