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
Monthly Rate Movement Report – Aug 2019
  • Monthly Rate Movement Report – Aug 2019

    • 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 – Sep 2019
  • Monthly Rate Movement Report – Sep 2019

    • 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 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.
Monthly Rate Movement Report – Oct 2019
  • Summary

    • NY Futures December bounced back from its low at below 57 cents in September and started October with 60.98 first day closing in better hope of resolution of US-China trade war. Although opening strength of ICE future remained well supported and market never came to that support during full month. ICE December crossed 65 cents mark in later part of the month.
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 – Nov 2019
  • • NY December and March Futures traded full month in very small range. December M/M lost 4 points while March Future lost 52 points.

    • During the month December touched low of 61.84 on 21-11-2019 but closed at 64.40 and on the same day March touched low at 64.01 recovered to close at 65.36.

    • Roll over from December to March was crucial time and market get higher pressure during this time.
Monthly Rate Movement Report – Dec 2019
  • Monthly Rate Movement Report – Dec 2019

    • 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 – Jan 2020
  • Monthly Rate Movement Report – Jan 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 – Feb 2020
  • • First three weeks of the February month, cotton market was quite stable but in the last week there was a sharp decline in the prices due to International developments.

    • Gujcot Spot Rate opened 39,650 and remained in the range of 39,200-39,600 during first three weeks of February and lost the ground to close at 38,350. S/6 29 mm lost almost 1,300 Rs. Candy M/M.
Monthly Rate Movement Report – Mar 2020
  • Monthly Rate Movement Report – Mar 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 27th Apr 2020 to 02th May 2020

    • NY May Future will expire on 6th May and was able to close with some gain without big deliveries. Front month July gained as well on Wednesday following rumors of Chinese buying but lost all gains on Friday with president Trump’s threat to resume trade war.

    • U.S. Export sales was decent with Chinese purchase of more than 4 lakh bales but market ignored it on worries of resumption trade war.
Monthly Rate Movement Report – Apr 2020
  • • April was a month of recovery in NY future. During the Month NY May and July futures gained.

    • With help of stimulus package by US government equity and commodity markets recovered.

    • Chinese cotton purchase of handsome quantity from US in the last week of the month supported market sentiment.
Gujcot Weekly Report
  • *Market Movement from 04th May 2020 to 09th May 2020*

    • This week started with down trend due to fear of trade tension between the US and China after President Trump’s statements, but from Wednesday speculators were active for short-term profit booking. From Wednesday onwards market remained positive and finally, ICE Jul cotton future closed at 56.27 cents with 88 points gain W/W.
Gujcot Weekly Report
  • Market Movement from 11th May 2020 to 16th May 2020

    • NY July future gained 198 points W/W with help of better export sales to China. Despite some adverse statements by President Trump, China started to fulfill phase one of Trade deal commitments. May WASDE report was bearish for both years. But current demand by China and current lower rate attract the buyers.
Gujcot Weekly Report
  • Market Movement from 18th May 2020 to 23rd May 2020

    • The market remained low during the week but the Dow Jones gained 1000 points on Tuesday as the results of the pharma company moderna tests came positive and the cotton futures gained on Tuesday. And end of week July ICE Cotton future lost with 64 points W/W.

    • U.S. Export Sales were weaker compared to the last week. Shipment also slow to require to achieve target.