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
Gujcot Spot Rate
Gujcot Spot Rate

15-Jul-2024

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

As on 30-Jun-2024

ICE Cotton Weekly Changes
ICE Cotton Weekly Changes

As on 12-Jul-2024

Cotton Future Close
Cotton Future Close

12-Jul-2024

News & Reports
GUJCOT WEEKLY REPORT 13-JUL-2024
  • Market Movement from 08th Jul 2024 to 13th Jul 2024.

    • This week, lower US exports and shipments, along with a bearish to neutral WASDE report, put pressure on cotton prices. However, at the low seventy level, the rate did not seem attractive for short selling. As a result, the market ignored all bearish fundamentals and closed nearly unchanged, with a gain of 29 points week-over-week.
PCCA Cotton Market Weekly
  • JULY 12, 2024

    Cotton futures traded on both sides of the market ahead of Friday’s WASDE Report.

    • The summer doldrums were present this week, evident by the market’s daily two-sided moves and the December contract reaching a three-year low.
USDA-WASDE
  • July-2024

    COTTON: The July U.S. cotton projections for 2024/25 show higher acreage, production, and beginning and ending stocks compared to last month. Projected domestic use and exports are unchanged. U.S. planted area is 1 million acres higher, as indicated in the June Acreage report, leading to a 1-million-bale increase in the crop projection to 17.0 million bales. Ending stocks are 1.2 million bales higher at 5.3 million, or 36 percent of use, primarily due to the larger projected crop.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 54,100
    Upland Shipments 1,60,700
    Net Pima Sales 3,900
    Pima Shipments 1,900
    TOTAL SALES 58,000

    2024-2025
    Net Upland Sales 69,500
    Net Pima Sales 0
    TOTAL 69,500
Cleveland on Cotton 30-Jun-2024
  • Cotton Plantings Report Surprises Market, Potential for Better Prices Remains

    Despite the very bearish USDA June plantings report, the potential for higher 2024 crop prices remains on track. Recall, we warned that higher prices would come very, very slowly and only bit by bit.
Gujcot Third Quarterly Rate Movement Report - 2023-24
  • • The April-June quarter was marked by significant volatility and a major downturn in the cotton market.

    • NY Futures for May and July started near 93 cents, with April experiencing a continuous downtrend. In May, the front month was July, and prices remained in a narrow range of 77 to 85 cents. However, in June, the market crashed again, reaching the low 70s. By the end of June, December, as the front month, closed at 72.69 cents.
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