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
Gujarat Spot Rate
Gujarat Spot Rate

14-May-2021

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 30th Apr-2021

Cotton On-Call
Cotton On-Call

As on 07-May-2021

Cotton Future Close
Cotton Future Close

13-May-2021

News & Reports
Plexus Market Comments 13 May
  • So where do we go from here?

    With such a tight US balance sheet and all the uncertainty surrounding US new crop it is difficult to see the market trade much lower at this point. For that to happen we will need to see a decent crop in the field and we are still several months away from that.
DTN Cotton Close 13-May-2021
  • Market Ends Sharply Lower

    Taking its bearish cue from imploding outside markets, plus a potential for West Texas next week, the cotton market dropped some 2.00 cents. At one point, Chicago corn was limit-down with soybeans off nearly 70 cents. Such peripheral negativity was too hard for cotton to ignore. Additionally, Thursday’s export-sales report was essentially non-supportive to the market.
U.S. EXPORT SALES
  • For Week Ending 06-05-2021

    2020-2021
    Net Upland Sales 54,400
    Upland Shipments 2,77,200
    Net Pima Sales 3,800
    Pima Shipments 19,300
    TOTAL SALES 58,200

    2021-2022
    Net Upland Sales 72,100
    Net Pima Sales 200
    TOTAL 72,300
ICE Cotton Update 12-May-2021
  • Cotton futures jump as USDA raises exports, trims output forecast

    ICE cotton futures rose on Wednesday, en route to snapping a three-session long losing streak, on projections for higher U.S exports and lower output in 2020/21 of the fiber in a monthly federal supply and demand report.

    The cotton contract for July rose 0.69 cent, or 0.8% to 88.44 cents per lb by 1:37 p.m EDT (1737 GMT), having risen as much as 2.3% earlier in the session.
USDA - WASDE
  • U.S. cotton production in 2021/22 is projected to rise 2.4 million bales, but total supply is projected at its lowest in 5 years, and both exports and ending stocks are forecast lower than in 2020/21. Production is anticipated at 17.0 million bales, with 12.0 million planted acres as indicated in Prospective Plantings, abandonment projected above the average of the past 5 years, and average yields.
Rose on Cotton
  • COTTON MARKET MOVES HIGHER AHEAD OF BIG REPORT WEEK

    May 09, 2021

    The ICE July cotton contract gained 158 points on the week to finish at 89.66 as the July – Dec inversion weakened to 277. The Dec contract gained 183 points for the week, finishing at 86.89. Last weekend, our proprietary model (timely results provided in our complete weekly report) predicted a finish that would be near unchanged to lower Vs the previous Friday’s settlement, which proved to be incorrect.
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