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

12-Sep-2024

Gujarat Cotton Pressing Summary
Gujarat Cotton Pressing Summary

As on 31-Aug-2024

US Export Sales Summary
US Export Sales Summary

For Week Ending 05-Sep-2024

USDA - WASDE
News & Reports
USDA-WASDE
  • September-2024

    The U.S. cotton balance sheet for 2024/25 shows lower production, exports, and ending stocks compared to last month. Beginning stocks and domestic use are unchanged. The September NASS forecast of U.S. production is 14.5 million bales, down about 600,000 bales from August, largely due to reduced yields for upland cotton in the Southwest. The allcotton yield forecast of 807 pounds per acre is 33 pounds lower than last month.
U.S. EXPORT SALES
  • 2024-2025
    Net Upland Sales 1,16,000
    Upland Shipments 1,19,100
    Net Pima Sales 10,700
    Pima Shipments 7,400
    TOTAL SALES 1,26,500

    2025-2026
    Net Upland Sales 00
    Net Pima Sales 00
    TOTAL 00
Cleveland on Cotton 08-Sep-2024
  • Cotton Prices Hold on Signs of a Better U. S. Crop

    Just as the light appears at the end of the tunnel, we are run over by an oncoming train.

    Cotton’s best export sales report in months was met with a triple digit selloff, a very bearish response to six weeks of positive fundamental news. It all points to the severe price damage that demand failure continues to heap on the market.
GUJCOT WEEKLY REPORT 07-SEP-2024

  • Market Movement from 02nd Sep 2024 to 07th Sep 2024.

    • At the start of the week in early December, the market opened on a positive note, showing gains. However, in the last three days of this shortened week, there was a sharp decline, leading to a weekly loss of 211 points.
GUJCOT MONTHLY RATE MOVEMENT REPORT– AUGUST-2024
  • • The December New York cotton futures contract traded within a narrow range throughout the month, fluctuating between 67 and 71 cents. Although the USDA's WASDE report was somewhat bullish due to a 1.9 million bale reduction in U.S. production, sluggish demand and unfavorable macroeconomic conditions limited upward momentum. Ultimately, the December contract closed with a 100-point month-over-month gain.
U.S. EXPORT SALES
  • 2024-2025
    Net Upland Sales 2,07,500
    Upland Shipments 1,64,100
    Net Pima Sales 10,100
    Pima Shipments 6,000
    TOTAL SALES 2,17,600

    2025-2026
    Net Upland Sales 8,400
    Net Pima Sales 00
    TOTAL 8,400
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