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

25-May-2024

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

As on 30-Apr-2024

ICE Cotton Weekly Changes
ICE Cotton Weekly Changes

As on 24-May-2024

Cotton Future Close
Cotton Future Close

24-May-2024

News & Reports
GUJCOT WEEKLY REPORT 25-MAY-2024
  • Market Movement from 20th May 2024 to 25th May 2024.

    • After a long time, bulls have a reason to smile. Flooding in Brazil and crop losses in China have created positive sentiment and triggered short covering of speculators, leading to a good rally. New York July contracts closed with a week-over-week gain of 463 points, while December contracts gained 304 points week-over-week. As a result, the inverse spread between July and December widened to 251 points.
PCCA Cotton Market Weekly
  • MAY 24, 2024

    The market finally felt some relief after weeks of selling and finished higher in four consecutive trading sessions.

    • July futures gained 548 points from last week’s close, settling at 81.72 cents per pound. The July contract closed up the limit on Wednesday and had another strong rally on Thursday.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 2,03,000
    Upland Shipments 2,04,100
    Net Pima Sales 9,900
    Pima Shipments 13,300
    TOTAL SALES 2,12,900

    2024-2025
    Net Upland Sales 47,900
    Net Pima Sales 700
    TOTAL 48,600
GUJCOT WEEKLY REPORT 18-MAY-2024
  • Market Movement from 13th Apr 2024 to 18th May 2024.

    • NY futures experienced another weekly loss, hitting the limit down on Tuesday but seeing some recovery on other days. Better expectations for the new crop, lower Chinese futures, and a bearish technical outlook contributed to the downward pressure on prices. Ultimately, NY July futures closed with a weekly loss of 142 points, while December futures closed with a loss of 16 points. The July-December inverse narrowed to just 92 points.
Cleveland on Cotton
  • Another Sloppy Week for Cotton Prices

    May 17, 2024

    Cotton suffered another sloppy week as lower Chinese prices, coupled with bearish inflation numbers and very weak apparel sales, all worked to force prices lower – even limit down one day and near limit down trading on another.
PCCA Cotton Market Weekly
  • MAY 17, 2024

    *Cotton futures traded on both sides of the market but gave back the previous week’s gains.*

    • July futures fell 236 points from last week’s close, settling at 76.24 cents per pound. The July contract closed limit down on Tuesday.
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