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

19-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 19-Jul-2024

Cotton Future Close
Cotton Future Close

19-Jul-2024

News & Reports
PCCA Cotton Market Weekly 19-Jul-2024
  • After trading back and forth throughout the week, cotton futures found support and made marginal gains.

    • Last Friday’s WASDE put pressure on prices, but Monday saw a triple-digit rally in futures prices. Prices fluctuated throughout the week due to speculators continuing to cover short positions and potentially favorable rainfall in Texas.
U.S. EXPORT SALES
  • 2023-2024
    Net Upland Sales 27,200
    Upland Shipments 1,13,100
    Net Pima Sales 3,800
    Pima Shipments 4,300
    TOTAL SALES 31,000

    2024-2025
    Net Upland Sales 1,65,600
    Net Pima Sales 2,100
    TOTAL 1,67,700
Cleveland on Cotton 12-Jul-2024
  • Bearish Report Keeps a Cap on Cotton Prices

    These are the fun days in the cotton market. USDA released an extremely bearish world supply demand report for July. Thus, to ensure market participants kept focused, prices moved higher. Bearish fundamentals and higher prices were evidence that traders had completely faded the report. That is, the report was expected, and the changes had already been factored into prices.
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.
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