Gujcot Weekly Report
Posted : June 04, 2022

Market Movement from 13th Sep 2021 to 18th Sep 2021

  • NY futures remained easy during week with lower volume. Speculator are now silent with market not able to cross technical resistance area. Overall NY December future closed with 117 points loss during this week.
  • Export sales were decent around 3 lakh bales and shipment also better. China was among big buyers. But market ignored good US export sales and closed lower.
  • In India arrival started in North and MP area. Rainfall has almost stopped in majority of cotton areas. Good sunshine will increase arrivals very fast in next week
  • CCI was not able to sale much quantity
  • Gujcot S6 rate remained range bound
  • Volatility in US dollar has been noted from 73.67 to 73.47.
  • At present Indian raw cotton export is negligible.
  • Hope for good arrival in next week

Latest News
  • For Week Ending 28-Jul-2022 2021-2022 Net Upland Sales -1,12,400 Upland Shipments 2,79,700 Ne
Shurely on Cotton
  • Prices Should Begin to Find Direction Soon Aug 05, 2022 Prices have recovered—it’s not yet
Gujcot Weekly Report
  • Market Movement from 01st Aug 2022 to 06th Aug 2022. • NY future was down on Monday, stayed sid