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

22-Feb-2019

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 31st Jan-2019

Cotton On-Call
Cotton On-Call

As on 01-Feb-2019

Cotton Future Close
Cotton Future Close

21-Feb-2019

News & Reports
U.S. EXPORT SALES
  • For Weekending 14-February-2019
    Combined Sales of Previous 6 Weeks

    2018-2019
    Net Upland Sales 9,77,100
    Upland Shipments 14,31,500
    Net Pima Sales 42,200
    Pima Shipments 1,10,500
    TOTAL SALES 10,19,300

    2019-2020
    Net Upland Sales 1,61,400
    Net Pima Sales 0
    TOTAL 1,61,400
Plexus Market Comments 21 Feb
  • So where do we go from here?

    Today’s flash-in-the-pan rally might continue if we get a positive surprise in tomorrow’s export sales release. However, technically were are still in a bearish trend and unless we get a move above 77 cents in May, we are going to treat this as another bear market rally.
Stock Position
  • MCX As on 20-Feb-2019
    Total Utilized Capacity = 1,79,103 Bales
    Eligible for Exchange Delivery = 1,34,900 Bales
    Quantity in Process = 39,300 Bales
    Rejected Stocks = 4,203 Bales


    NCDEX As on 21-Feb-2019
    Cotton Seed Oil Cake Stock
    Unencumbered = 48,628 MT
    Pledged = 5,213 MT
    QTY in Process = 1,857 MT
Cotton Indices 21 February
  • Brazil Cotton Index 76.99 -1.07%

    US Upland Spot Rate 66.33 +1.85

    KCA Spot Rate 8,500 -100

    MCX Spot Rate 20,170 +20

    China Cotton Index

    CC Index 328   154501 +08
    CC Index 227   14553 +16
    CC Index 229   15979 +10
ICE Cotton Update 22-Feb-2019
  • Cotton futures scale 2 – week peak on possible U.S. – China trade deal

    ICE cotton futures on Thursday jumped more than 2 percent to hit their highest level in two-weeks on a report about a potential breakthrough in the U.S.-China trade dispute.

    The most active cotton contract on ICE Futures U.S., the May contract , settled up 1.85 cent, or 2.56 percent, at 74.01 cents per lb.
Reinhart Cotton Market Report 21 Feb
  • India – The cotton Corporation of India (CCI) published its all Indian arrival report for 2018/19 season, whereby arrivals are pegged at 17.88 million bales till 8th of February 2019. As per market sources, CCI has procured above 0.85 million bales in the ongoing season, mainly attributed to weak prices which are trading below the Minimum Support Price. Yet, CCI expects procurement to reach 1.50 million bales by the end of the current season. However, for obvious reason the future market will define that final number.
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