Market Movement from 03rd Mar 2025 to 08th Mar 2025.

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• On this International Women's Day, we extend our greetings to the millions of women working across the cotton value chain, from farm to fashion.
• With the announcement of the US tariff, the market initially crashed but later recovered after the implementation was postponed to April 2. Decent export figures and short covering by speculators contributed to the market's rebound. As a result, the NY May futures closed with a gain of 82 points.
• Export sales and shipments are both decent, and next year's sales also was more then one lakh bales. This indicates that there is strong demand at the low 60s level.
• In the latest U. S. Export Sales Report for the week ending 27-Feb-2025, total net sales for the 2024-2025 season reached 2,52,400 bales, with 2,41,500 bales of upland cotton and 10,900 bales of Pima cotton. Upland shipments stood at 3,34,000 bales, while Pima shipments totaled 4,000 bales. For the 2025-2026 season, net upland sales amounted to 1,05,600 bales, with no Pima sales reported. The report highlights steady demand for U.S. cotton, with strong shipments supporting the ongoing marketing season.
• The Gujcot Spot Rate showed slight fluctuations. It started at 52,950 on Monday, declined to 52,750 on Tuesday, and further dropped to 52,650 on Wednesday and Thursday. However, the rate saw a marginal recovery to 52,850 on Friday, while Saturday's rate stood at 53,000. The market exhibited moderate volatility, reflecting ongoing supply-demand dynamics.
• The Indian physical market remains in a narrow range due to a slowdown in arrivals and limited buying activity.
• CCI has issued a final call for farmers to register their produce for the last phase of procurement. Additionally, CCI has commenced the sale of the new crop at prices ranging between ₹54,800 and ₹55,500.
• During this week, the Indian basis remained between 11.53 and 13.86.
• This week, the USD-INR exchange rate showed a fluctuating trend. On Monday, the rate started at 87.37, slightly decreasing to 87.27 on Tuesday. The midweek rate on Wednesday further dropped to 86.95, followed by a marginal recovery to 87.11 on Thursday. However, the rate closed the week lower at 86.87 on Friday, reflecting an overall downward movement through the week.
• Hope for best