Press Release
GUJCOT CROP SURVEY REPORT 2018-19
  • Saurashtra
    Area in Hectare = 19,29,800
    Yield Kg/ha = 447.88
    Crop in 170 Kgs Bales = 50,84,224

    North Gujarat
    Area in Hectare = 3,76,800
    Yield Kg/ha = 575.84
    Crop in 170 Kgs Bales = 12,76,340

    Main Line
    Area in Hectare = 3,49,200
    Yield Kg/ha = 749.92
    Crop in 170 Kgs Bales = 15,40,429

    Kutch
    Area in Hectare = 56,300
    Yield Kg/ha = 825.00
    Crop in 170 Kgs Bales = 2,73,221
Monthly Rate Movement Report – March 2019
  • Monthly Rate Movement Report – March 2019


    • Daily Physical Spot Rate
    • MCX Cotton Daily Closing Rate
    • USD-INR Exchange Rate Closing
    • Cotlook Index
    • ICE Future Closing
    • NCDEX Kapas Rate
    • MCX Future Closing
    • NCDEX and MCX converted into Rs. Candy Rate
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.
Gujcot Weekly Report
  • Market Movement from 22nd Apr 2019 to 27th Apr 2019

    • Cotton Market remained stable this week. NY May Future FND was on 24 and will expire in few days so, now front month is July. NY July future was down nearly 57 points during this week but remained very volatile during the week and gave both side opportunity to trade. USD appreciation, some showers in Texas and China reserve cotton auction news were major bear factors which kept NY future under pressure but it bounced back from support levels with fixation by mills.
Monthly Rate Movement Report – April 2019
  • Monthly Rate Movement Report – April 2019


    • Daily Physical Spot Rate
    • MCX Cotton Daily Closing Rate
    • USD-INR Exchange Rate Closing
    • Cotlook Index
    • ICE Future Closing
    • NCDEX Kapas Rate
    • MCX Future Closing
    • NCDEX and MCX converted into Rs. Candy Rate
Gujcot Weekly Report
  • Market Movement from 29th Apr 2019 to 04th May 2019

    • This Week was dominated by bears. NY July Future lost more than 200 points. New crop December lost psychological support of 75 cents per lb.

    • Export sales were lower but still ahead of required pace to achieve USDA export target, shipment still lagging behind to meet the target.
Gujcot Weekly Report
  • Market Movement from 06th May 2019 to 11th May 2019

    This week was highly bearish beyond expectation of trade people with US tariff on Chinese goods goes into effect from 10th May. Markets suddenly crashed and NY future July lost 723 points while December future lost 505. That is 9.60% and 6.80% respectively. This is the highest weekly loss during the year.
Gujcot Weekly Report
  • Market Movement from 13th May 2019 to 18th May 2019

    This week was also dominated by bears. NY July gave up 246 point while December gave up 302 point. Spread between NY July-December contract narrowed but still December stay in little carry.

    Export sales were decent. US Export sale crossed the USDA export target. Shipment are also as per required pace to meet the lowered export target. But market ignored positive US Export sales data and remained bearish.
Gujcot Weekly Report
  • Best wishes to New Government of India. Whole Textile Value Chain expect best ever steps to improve textile trade from the new government.

    Market Movement from 20th May 2019 to 25th May 2019

    NY future gained w/w 240 points in July and 117 points in December. it is true that US Cotton is the cheapest in the world, so all destinations booked US Cotton which also was reflected on current, next and even 2020/21 crop year sales also. It proves that cheaper cotton can be sold faster even in absence of Chinese buying.
Gujcot Weekly Report
  • Market Movement from 27th May 2019 to 01st Jun 2019

    NY future started this week with good gain and consolidation with some mill fixation and fund buying but gave away all the gain in the later part. Spec’s short position and better new crop give pressure and close week with minor loss.
Monthly Rate Movement Report – May 2019
  • Monthly Rate Movement Report – May 2019

    • Daily Physical Spot Rate
    • MCX Cotton Daily Closing Rate
    • USD-INR Exchange Rate Closing
    • Cotlook Index
    • ICE Future Closing
    • NCDEX Kapas Rate
    • MCX Future Closing
    • NCDEX and MCX converted into Rs. Candy Rate
Gujcot Weekly Report
  • Market Movement from 03rd Jun 2019 to 08th Jun 2019

    At the start of this week market showed some firmness in NY future and NY July future nearly touched 70 cents mark. July December spread was regularly wider in inverse. After finding no buyer except India in export sales and lower shipment also gave red signal to July NY. Expiry of option and spec role as short July NY was bloodbath on Friday by limit down and closed 249 points weekly loss. New crop December also lost 156 points and squared inverse with July.
Gujcot Weekly Report
  • Market Movement from 10th Jun 2019 to 15th Jun 2019

    NY future remained volatility during the week on USDA WASDE report, US Export Sales report and other international factors. But ultimately week ended with minor weekly gain.