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-Jun-2024

Cotton On-Call
Cotton On-Call

As on 14-Jun-2024

US Cotton Crop Progress
US Cotton Crop Progress

As on 23-Jun-2024

Cotton Future Close
Cotton Future Close

24-June-2024

News & Reports
PCCA Cotton Market Weekly 21-Jun-2024
  • Cotton futures were up modestly, finding support after trading on both sides of the market this week.

    • December futures fell to their lowest level since October 2022 but recouped some losses by the end of the week. The contract traded 83 points higher, settling at 72.62 cents per pound.
Cleveland on Cotton 21-Jun-2024
  • Weather, Not Demand, Now Controls Cotton Market

    The tiny cracks in the bears’ armor remain just that – tiny. Yet, they exist and absent an absolutely unexpected widespread excellent rain over some nearly two million acres of Texas cotton (primarily Districts 1-N and 1-S) over the next two weeks, those cracks will begin to widen. Certainly, much more moisture is needed over the vast dryland acreage of 1-S.
GUJCOT WEEKLY REPORT 22-JUN-2024
  • Market Movement from 17th Jun 2024 to 22nd Jun 2024.

    • The front month December saw a recovery after an initial loss at the beginning of the week. Despite the early setback, December managed to cover all losses and closed unchanged, with 7 cents gain week-over-week. On expiry, NY July future experienced a significant loss, but this was largely ignored by the market as all positions were shifted to December future contract.
GUJCOT MSP SPECIAL REPORT
  • In India, a significant portion of the population relies on agriculture and agriculture-based businesses. Given the critical role that farmers play in the Indian economy and the food security of the nation, it is indeed the duty of the government to protect and support them. One of the key measures taken by the Government of India to protect farmers is the provision of a Minimum Support Price (MSP) for certain crops, especially Kharif crops.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 1,89,000
    Upland Shipments 1,97,900
    Net Pima Sales 7,900
    Pima Shipments 5,800
    TOTAL SALES 1,96,900

    2024-2025
    Net Upland Sales 1,11,800
    Net Pima Sales 0
    TOTAL 1,11,800
MSP 2024-2025
  • Government of India has increased the Minimum Support Price of Medium Staple Cotton from 6,620 to 7,121 and Long Staple Cotton from 7,020 to 7,521 for season 2024-25.
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