Market Movement from 18th Aug 2025 to 23rd Aug 2025.

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• NY futures remained largely flat during the week but gained on the last day after remarks by the Fed Chairman about a possible rate cut in the next meeting, which provided a positive outlook for equities and was followed by commodities. Ultimately, the market closed in green, with NY December ending the week with a gain of 47 points W/W.
• U. S. Export Sales and shipments remain weak; however, the season is still ahead, and momentum may pick up after the harvest.
• U.S. Export Sales report for the week ending 14-Aug-2025 showed net upland sales of 1,05,400 bales and upland shipments of 1,23,300 bales for the 2025-26 season, along with net Pima sales of 1,000 bales and shipments of 4,600 bales, bringing total sales to 1,06,400 bales, while no sales were reported for the 2026-27 season.
• The Gujcot Spot Rate continued to trade under pressure with a steady downward trend. The week opened on Monday at ₹56,800 and eased to ₹56,650 on Tuesday, followed by a further decline to ₹56,350 on Wednesday. Prices slipped again to ₹56,100 on Thursday and dropped to ₹55,950 on Friday, before closing the week at ₹55,950 on Saturday. Overall, the market reflected consistent softness throughout the week amid limited demand and cautious buying.
• The Indian physical market is currently in a downward trend, as CCI has reduced prices by nearly ₹1,100 per candy following the Government of India’s relaxation in import duty.
• The monsoon has regained momentum, bringing good rainfall to Maharashtra and South India. At present, the crop condition remains healthy.
• All-India sowing has reached around 107.870 lakh hectares, of which Gujarat contributes 20.683 lakh hectares, the lowest in the past decade.
• Indian basis is coming down as import duty has been removed until September, ahead of the arrival of imported cotton.
• During this week, the Indian basis remained between 13.52 and 15.54.
• This week, the USD-INR exchange rate showed moderate fluctuations, opening at 87.35 on Monday, easing to 86.95 on Tuesday, and slightly recovering to 87.06 on Wednesday. The currency strengthened further to 87.27 on Thursday before closing the week higher at 87.53 on Friday, marking an overall upward bias with the rupee weakening against the dollar.
• Hope for best