Market Movement from 15th Dec 2025 to 20th Dec 2025.

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• The NY futures market witnessed low volatility during the week.
• NY March futures eased marginally, closing at 63.75 cents on 19-Dec compared with 63.83 cents on 12-Dec, registering a week-on-week loss of 0.08 cents.
• For the week ending 27 November 2025, showed steady demand for the 2025–26 season, with net upland cotton sales reported at 1,35,900 bales and shipments at 1,22,100 bales, while net Pima sales stood at 4,200 bales with shipments of 7,400 bales, taking total sales for the week to 1,40,100 bales. Forward bookings for the 2026–27 season remained limited, as net upland sales were reported at 4,500 bales with no Pima sales, resulting in total sales of 4,500 bales, indicating cautious buying interest for the new crop at this stage.
• This week, the Gujcot spot market showed a steady and gradual upward trend, opening on Monday at ₹52,900 per candy, improving to ₹53,000 on Tuesday and remaining stable on Wednesday, strengthening to ₹53,100 on Thursday, rising further to ₹53,200 on Friday, and closing on Saturday at ₹53,200 per candy.
• In India, since CCI is purchasing cotton at MSP at a rate higher than the prevailing market price, a large quantity of cotton is moving into CCI’s stocks. On active procurement days, daily arrivals have crossed 2,50,000 bales. Till date, CCI has procured nearly 40 lakh bales of cotton.
• Indian physical cotton prices are consolidating amid lower arrivals in the open market, as most of the cotton is being procured by the CCI. The Indian physical market benchmark, Shankar-6, has now crossed ₹53,000 per candy.
• Mills have sufficient inventory, but it is very difficult for them to source their running requirements, as the quality available in the open market varies across different parameters.
• Due to high volatility in the currency market, the Indian basis also remained volatile during the week.
• During this week, the Indian basis remained between 10.43 and 12.26.
• During the week, the USD–INR exchange rate remained volatile with a clear weakening trend in the dollar against the rupee. The rate opened on Monday at 90.73 and moved higher to 91.03 on Tuesday, before reversing sharply to 90.38 on Wednesday and easing further to 90.24 on Thursday. By Friday, the rupee strengthened significantly, with the exchange rate closing at 89.27, reflecting an overall weekly appreciation of the Indian rupee against the U.S. dollar.
• Let’s hope for the best.