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
Gujcot Annual Report 2018-19
  • The Season 2018 -2019 started with bullish sentiment in India. Indian cotton crop was predicted 343 lakh bales at the start of the season against 365 to 375 lakh bales of season 2017-2018. Opening stock was low and mills requirement of new cotton was high. With bull sentiment season touched double top at 47,150 on 15th October at the start of the season.
Gujcot Cotton Crop Estimate 2019-20
  • Gujarat cotton crop is estimated as 1,06,94,302 Bales out of which 2,75,000 Bales will be of V-797 rest will be Shankar-6. Gujarat cotton crop yield is expected to rise by 32.97% and crop is expected to increase by 30.83%

    we estimate total Gujarat cotton pressing to be 120-125 Lakh Bales of 170 Kg.
Monthly Rate Movement Report – Jun 2020
  • Monthly Rate Movement Report – Jun 2020

    • 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
Monthly Rate Movement Report – Jul 2020
  • Monthly Rate Movement Report – Jul 2020

    • 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 24th Aug 2020 to 29th Aug 2020

    • China cancelled some old US cotton bargain but purchased new contract in weekly export sales. US Export Shipment was lower but good number of shipments to China is a positive sign for market.
Monthly Rate Movement Report – Aug 2020
  • Monthly Rate Movement Report – Aug 2020

    • 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 31st Aug 2020 to 05th Sep 2020

    • This week was volatile and bull dominated week. NY December Future was able to cross 66 cents psychological level and made double top on 66.44 cents, but was not able to sustain and close over 66 cents. Weaker dollar and spec buying pulled NY futures but ultimately week ended with win-win at 64.99 Cents losing 9 point a week.

    • U.S. Export Sales and shipment was good. Big quantity of shipment to China.
Gujcot Weekly Report
  • Market Movement from 07th Sep 2020 to 12th Sep 2020

    • NY Dec future remained volatility with upper side at 65+ cents and lower side at 63.50 cents, finally week ended almost unchanged.

    • WASDE was as expected. Lower US crop, consumption and export with no effect on ending stock which still is huge at 7.2 million bales.
Gujcot Weekly Report
  • Market Movement from 14th Sep 2020 to 19th Sep 2020

    • Week started with all bullish news. Bullish WASDE, hurricane Sally, weaker dollar. All these all factors created Bullish sentiment and NY December touched new high of 66.93 on Tuesday.

    • Robust export sales on Thursday above 5 Lakh bales in which China bought above 4 Lakh bales. Despite good sales market closed in red and week closed with just 85 points weekly gain.
Gujcot Weekly Report
  • Market Movement from 21st Sep 2020 to 26th Sep 2020

    • NY December future moved in very tight range of 1.5 cent and daily close was below 1% up or down, relatively market remained stable. Big decline in equity market was also ignored by cotton market. Strong dollar, huge sell off in equity, disappointing export sales were the reasons for market to decline but still cotton market was able to close above psychological support of 65 cents.
Monthly Rate Movement Report – Sep 2020
  • Monthly Rate Movement Report – Sep 2020

    • 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 28th Sep 2020 to 03rd Oct 2020

    • NY December close as near to un change W/W. It was cross 66 for some time and go below to 65 for some time but close whole week in very tight range between 65.26 to 65.92.

    • U.S. Export Sales was decent and now turkey was main buyer of us cotton.it will show positive sign.

    • Next week's WASDE will give new direction to market.
Gujcot Weekly Report
  • Market Movement from 05th Oct 2020 to 10th Oct 2020

    • This week was Bull dominated week. NY December gained 182 points during this week. Fear of damage due to Hurricane Delta and Weaker dollar were main reasons for the Bull run. Before WASDE NY December climbed to new high 68.68. Trade anticipated USDA to reduce U.S. crop to below 17 million bales but USDA almost maintained same crop as previous month which disappointed speculator. NY December closed at 67.64 after reaching new high.
Gujcot Weekly Report
  • Market Movement from 12th Oct 2020 to 17th Oct 2020

    • This was Bull dominated week NY December gained 228 points during the week. Adverse weather in US and India, technical support to spec and steady pace of US export shipment are the main reasons of bull run.

    • U.S. Export Sales was poor but shipment was decent to support Bull sentiment.

    • ZCE China future gained over 1,000 RMB during week and Chinese buyers have supported whole world's cotton futures.
Gujcot Weekly Report
  • Market Movement from 19th Oct 2020 to 24th Oct 2020

    • ICE cotton futures were down by 64 to 75 points on Friday, but ICE Dec contract gained 137 points during the week. From Friday to Friday, the Dec to March carry fell 9% to 0.58 cents (0.08%). With some profit taking on Friday market gave up some gain but still maintained weekly green closing. This was consecutive third week of upswing. Bull run was started and dominated by China’s ZCE futures.
Monthly Rate Movement Report – Oct 2020
  • Monthly Rate Movement Report – Oct 2020

    • 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 02nd Nov 2020 to 07th Nov 2020

    • NY futures gained gradually during the week but gave up all gains on Friday. Finally NY December lost 30 points during the week. Uncertainty of US election results, increasing Covid-19 cases and lockdown in Europe has put pressure on equity and commodity markets. NY December future is near to notice day so main funds roll over their position to March. Spread between December/March is attractive.
Gujcot Weekly Report
  • Market Movement from 9th Nov 2020 to 14th Nov 2020

    • Monday afternoon USDA issued its crop progress report and Tuesday USDA update its supply-demand estimates and also in these added Pfizer Inc said that its experimental Covid-19 vaccine was more than 90% effective. So, this week market started with uptrend move on Monday but could not hold the gain during the week.

    • NY Dec future contract gained 138 points on Monday and after that continuously lost. At the end of the week NY Dec future lost 16 points W/W.
Gujcot Weekly Report
  • Market Movement from 16th Nov 2020 to 21st Nov 2020

    • NY December future is now on notice day so most of the trade rolled over to
    March. NY March is now lead month. Spread was attractive so roll over was easy. NY December gained 242 points while March gained 256 points during the week. This Bullish trend was due to some positive news of corona vaccine. Also, technically market was able to stay above trend line.
Gujcot Weekly Report
  • Market Movement from 23rd Nov 2020 to 28th Nov 2020

    • On Monday market started this week with bullish trend with news of success of more COVID-19 vaccine but after that market remained stable during the week. Before Thanksgiving holiday market saw huge volatility but on Friday ICE March future was able to close the week with 28 points weekly gain.

    • U.S. Export Sales was bullish with lower prices Vietnam (169,500 bales) and Bangladesh (89,400 bales) were major buyers.
Monthly Rate Movement Report – Nov 2020
  • Monthly Rate Movement Report – Nov 2020

    • 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