Market Movement from 01st Dec 2025 to 06th Dec 2025.

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• There was limited movement in NY futures during the week. NY March futures declined from 64.71 cents on 28-Nov to 63.93 cents on 05-Dec, registering a week-on-week loss of 0.78 cents.
• For the week ending 30th October 2025, U.S. cotton export sales showed steady activity for the 2025–26 season, with net upland sales of 81,600 bales and upland shipments of 146,600 bales, while net Pima sales stood at 8,300 bales with shipments of 2,700 bales, taking the total weekly sales to 89,900 bales. For the 2026–27 season, net forward sales were reported at 7,900 bales of upland with no Pima sales recorded, indicating limited advance buying at this early stage.
• This week, the Gujcot Spot Rate opened on a steady note at 52,150 on Monday and remained unchanged on Tuesday, eased marginally to 52,050 on Wednesday, recovered back to 52,150 on Thursday, strengthened further to 52,250 on Friday, and remained steady at 52,300 on Saturday, reflecting a narrowly ranged and stable market throughout the week.
• The Indian physical market remained steady to firm for superior-quality cotton, as CCI continued purchasing only better-quality lots, while prices for lower-quality cotton declined. The spread between lower and superior-quality cotton widened. Overall, super-quality cotton prices traded somewhat higher compared to last week.
• Large arrivals have now started as CCI has resumed full-scale buying. Daily arrivals have crossed the 2 lakh mark and are expected to increase further next week.
• For the first time in history, the Indian rupee has depreciated to 90 per U.S. dollar. This is a setback for imports, while it is expected to provide support to exports.
• With the depreciation of the rupee, the Indian basis remains firm and is currently below the Cotlook level. As a result, Indian domestic cotton is now cheaper than the CIF value of imported cotton.
• During this week, the Indian basis remained between 9.15 and 10.21.
• During the week, the USD–INR exchange rate showed notable volatility, opening at 89.55 on Monday, rising to 89.87 on Tuesday, and further strengthening to a weekly high of 90.19 on Wednesday; thereafter, the rupee recovered slightly with the rate easing to 89.97 on Thursday and remaining largely stable at 89.98 on Friday, reflecting a mixed trend with midweek weakness followed by mild stabilization toward the end of the week.
• Let’s hope for the best.