Gujcot Trade Assocation

News & Reports

PCCA Cotton Market Weekly

APRIL 26, 2024

July futures spent most of the week trying to recoup some of last week’s losses.

• May First Notice Day was on Wednesday, April 24, with 213 notices issued so far this month.

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U.S. EXPORT SALES

PCCA Cotton Market Weekly

APRIL 19, 2024

July futures continued their descent, finishing higher in only one trading session this week.

• May First Notice Day is less than a week away, so traders are focused on the July contract. July futures settled at 80.61 cents per pound, finishing 464 points lower for the week.

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Cleveland on Cotton

Focus Shifts to Production as Cotton Prices Falter

Apr 19, 2024

The cotton market suffered through another week of mad cow disease as the new crop December contract fell to a low of 77.26 cents before recovering, settling the week at 77.55. The old crop May contract settled the week at 78.69 cents, but that contract delivery period begins next week.

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GUJCOT WEEKLY REPORT 20-APR-2024

Market Movement from 15th Apr 2024 to 20th Apr 2024.

• NY future is continuing its downward trend under the pressure of certified stock, exacerbated by escalating tensions between Iran and Israel, along with technical damage. Speculators are liquidating their long positions amidst these conditions.

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U.S. EXPORT SALES