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
2020-2021 Crop
Latest
Gujarat Spot Rate
Gujarat Spot Rate

10-Jul-2020

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 31th May-2020

USDA - WASDE
Cotton Future Close
Cotton Future Close

09-Jul-2020

News & Reports
Plexus Market Comments 09 Jul
  • So where do we go from here?

    From a technical point of view the market looks constructive, with the primary trend pointing higher and new spec money flowing in.

    From a fundamental point of view US prices are out of line when compared to other origins, although the US balance sheet is tighter than that of its competitors. Nevertheless, it seems that the tail is wagging the dog at the moment, but the trade has little power to counter that until the next big notice period rolls around, which isn’t until late November.
USDA - WASDE
  • July-2020

    The U.S. 2020/21 cotton projections show lower production, exports, and stocks compared with last month. Beginning stocks are 200,000 bales lower due to higher 2019/20 exports, but exports in 2020/21 are reduced 1 million bales as a 2-million-bale decline in projected output reduces exportable supplies. U.S. planted area is 1.5 million acres lower this month, as indicated in the June 30 Acreage report.
Cotton Indices and Spot Rate As on 09-Jul-2020
  • Brazil Cotton Index 50.97 +0.39%

    US Upland Spot Rate 60.20 -0.23

    Cotlook A Index 70.15 +0.70

    MCX Spot Rate 15,850 -20
ICE Cotton Update 09-Jul-2020
  • Cotton eases from 4-month peak ahead of WASDE report

    July 9 (Reuters) - ICE cotton futures edged lower having hit a four-month high on Thursday ahead of the U.S. Department of Agriculture’s (USDA) monthly supply-demand report, which is expected to show a decline in production of the natural fiber.

DTN Cotton Close 09-Jul-2020
  • Cotton Ends Lower

    Cotton Ends Lower, Awaits USDA Data

    The cotton market finished slightly lower Thursday amid a strong export number and continued forecast of a hot and dry Texas. Earlier in the session, New crop posted a very strong technical spike in response to a Chinese shipment, but halted “this side” of the 65.00-cent level. The stopping point occurred right about the 62% retracement level, as pulled from the January high to the April low.
U.S. EXPORT SALES
  • For Week Ending 02-07-2020

    2019-2020
    Net Upland Sales 43,800
    Upland Shipments 3,29,300
    Net Pima Sales 2,800
    Pima Shipments 7,300
    TOTAL SALES 46,600

    2020-2021
    Net Upland Sales 6,700
    Net Pima Sales 3,600
    TOTAL 10,300
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