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
Happy Makar Sankranti
Latest
Gujarat Spot Rate
Gujarat Spot Rate

21-Jan-2020

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

Gujarat Cotton Pressing As on 31st Dec-2019

US-China Trade Deal Agreement Phase 1
Cotton Future Close
Cotton Future Close

20-Jan-2020

News & Reports
Stock Position as on 20-Jan-2020
  • NCDEX KHAL

    Cotton Seed Oil Cake
    Unencumbered =41,614 MT
    Pledged = 4,367 MT
    QTY in Process = 3,179 MT

    Stock At Station
    Akola 12,591
    Kadi 29,023

    MCX Cotton

    Total Utilized Capacity =1,06,925 Bales
    Eligible for Exchange Delivery = 87,675 Bales
    Quantity in Process = 66,400 Bales
    Rejected Stocks = 3,000 Bales
Weather Forecast 21-Jan
  • A Western Disturbance is over North Pakistan and adjoining Jammu and Kashmir. A Cyclonic Circulation is over eastern parts of Assam. Another Cyclonic Circulation is in lower levels over Maldives area. A Trough is extending from Sub-Himalayan West Bengal to Odisha.
Rose on Cotton
  • COTTON FUTURES MOVE LOWER ON “BUY THE RUMOR, SELL THE FACT” SCENARIO BUT REBOUND ON FRIDAY

    January 19, 2020

    The Mar contract finished very near unchanged on the week, giving up 6 points and finishing at 71.25, with the Mar – May spread strengthening to (94). The Dec contract gave back 11 points to settle at 72.37. Our proprietary model (timely prediction available in our complete weekly report) predicted a settlement that was to be near unchanged to higher Vs the previous Friday’s finish; the near unchanged part proved correct.
Jernigan Global Weekly 20-Jan-2020
  • HIGHLIGHTS

    1. CHINA UNSOLD COMMERCIAL COTTON INVENTORY AT RECORD AS TRADE DEAL SIGNED

    2. AUSTRALIA: HOPE RETURNS AS RAINS ARRIVE

    3. SUB-SAHARA AFRICA NOW TENTH LARGEST SUPPLIER OF COTTON PRODUCTS TO USA

    4. AFRICAN FRANC ZONE STYLES MOVE TO SPINNERS DESPITE BASIS PREMIUM

    5. TRADE DEAL ALLOWS NEW PIMA EXPORT SALES TO CHINA
Gujcot Weekly Report
  • Market Movement from 13th Jan 2020 to 18th Jan 2020

    • NY Future was highly volatile during this week. Last week close was well above 71 cents and manage up trend on Monday as trade deal date was closer. After trade deal market not see any bullish effect as tariff was continue from both side and after declaration of document market booked the profit and lost near 100 point. But speculators increase their long with all positive fundamentals.
Cotton Indices and Spot Rate As on 17-Jan-2020
  • US Upland Spot Rate 66.79 +1.03

    Brazil Cotton Index 64.71 +0.37%

    KCA Spot Rate 9,000 Unch

    MCX Spot Rate 19,340

    Cotlook A Index 79.20 Unch
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