As the lights of Diwali brighten every home and heart,
Team Gujcot Trade Association extends warm wishes to all our members, partners, and well-wishers!

May this Festival of Lights bring endless joy, good fortune, and sparkling success to you and your family.
Let’s welcome the New Year with renewed hope, vibrant opportunities, and the spirit of togetherness that makes our trade community shine brighter each year.

Wishing you a season filled with light, laughter, and lasting prosperity!

– With warm regards,
Team Gujcot Trade Association

Market Movement from 13th Oct 2025 to 18th Oct 2025.

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• The 63–64 cents range now appears to be a new support zone, and after briefly declining to 63.25, NY futures managed to recover the losses and closed in the green with a week-on-week gain of 44 points.
• Owing to the ongoing government shutdown, both the export data and the WASDE report were unavailable this week.
• Chinese futures remained lackluster, consolidating near the lower end of the 13,200–13,300 corridor amid subdued buying interest.
• This week, Gujcot Spot Rate showed a steady declining trend. The week opened on Monday at ₹53,150 per candy and gradually eased throughout the week — ₹52,900 on Tuesday, ₹52,700 on Wednesday, ₹52,500 on Thursday, and ₹52,450 on Friday. On Saturday, the rate stood at ₹52,400. Prices continued to soften, reflecting weak demand and limited mill buying interest amid sluggish yarn offtake and steady arrivals in the domestic market. Overall, the market sentiment remained cautious with buyers adopting a wait-and-watch approach.
• The Indian physical market is witnessing arrival pressure as daily arrivals have reached close to one lakh bales.
• The combination of a large opening stock, duty-free imports, and ongoing sales of old crop by CCI continues to weigh on the market, preventing mills from stepping in with sufficient buying support.
• New crop prices are trading in the ₹52,000–₹53,000 range, which is notably lower compared to the same period last year.
• Mills have so far managed to survive with the support of duty-free imports and bulk discounts from CCI, but the road ahead appears challenging.
• During this week, the Indian basis remained between 11.70 and 12.87.
• All India sowing has reached 110.030 lakh hectares, out of which Gujarat contributed 20.965 lakh hectares.
• This week, the USD-INR exchange rate showed slight fluctuations. It opened at 88.67 on Monday and edged up to 88.80 on Tuesday, marking the week’s highest level. The rupee then strengthened midweek, with the rate easing to 88.08 on Wednesday and further to 87.82 on Thursday. By Friday, it settled slightly higher at 87.97. Overall, the rupee exhibited a firm tone towards the end of the week after initial weakness.
• Let’s hope for the best.