FUTURE
Cotton Futures
Contract High Low Last Change
ICE
Dec-18
Mar-18
May-19
MCX
Oct-18
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Dec-18
Gujcot Trade Association
Latest
Gujcot Spot Rate
Gujcot Spot Rate

04-Oct-2022

ICE Cotton Month;y Changes
ICE Cotton Month;y Changes

As on 30-Sep-2022

ICE Cotton Weekly Changes
ICE Cotton Weekly Changes

As on 30-Sep-2022

Cotton Future Close
Cotton Future Close

04-Oct-2022

News & Reports
Gujcot Weekly Report
  • Market Movement from 06th Jun 2022 to 11th Jun 2022.

    • This week was bull dominated week in NY future.

    • Market rose after US export sales report. During the last two weeks U.S. export sale showed unexpected rise. Still 27000 contracts are to be fixed for July future and time is running out. July option has expired.
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PLEXUS Market Comments
  • So where do we go from here?

    December is approaching key support at 82.54 cents, which is the mid-July low. If it holds, which we expect to be the case, we might get a decent bounce. However, upside potential seems limited as long as we have slow demand, a strong dollar and weak economic growth.
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PLEXUS Market Comments
  • So where do we go from here?

    With the supply side becoming more defined, the market is now increasingly focusing on demand, which shows a rather discouraging picture at the moment. In some key markets, like Turkey or Vietnam, mills are running up to 50% below their usual capacities, but the struggle seems universal. We hope that the USDA takes note and will finally go over its unrealistic global mill use number, which is still near the same level as last season.
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Cleveland on Cotton
  • Inflation Worries Smash Price Support
    September 20, 2022

    The 1990’s saw a Louisiana man become famous for coining the phrase, “It’s the economy, stupid.” In fact, James Carville’s saying resonated such that he was credited with the election of Bill Clinton to the Presidency of the United States as, day after day, Carville hammered home the phrase.
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U.S. EXPORT SALES
  • 2022-2023
    Net Upland Sales 30,200
    Upland Shipments 1,87,900
    Net Pima Sales 1,200
    Pima Shipments 1,000
    TOTAL SALES 31,400

    2023-2024
    Net Upland Sales 41,500
    Net Pima Sales 300
    TOTAL 41,800
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Gujcot Weekly Report
  • Market Movement from 26th Sept 2022 to 01st Oct 2022.

    • This was bear dominated week for all commodities. NY cotton future already on down trend from last two weeks and extended the loss during this week. NY December closed with 720 points loss during the week.

    • US export sale was weak at just 53000 bales out of that cancelation of 21,700 bales. Shipment was 1,88,900 bales. As US total commitment is already 8.123 million bales, remaining sale will definitely remain slow
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