Market Movement from 22nd Dec 2025 to 27th Dec 2025.

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• NY futures saw some consolidated momentum on the back of positive news from China. For the first time in a long period, China appeared in U.S. export sales, while the Chinese ZCE market remained in a strong upward tone. Supported by these positive factors, NY March futures recorded a week-on-week gain of 74 points.
• U.S. cotton export sales for the week ended 11 December 2025 showed healthy activity for the 2025–26 marketing year, with net Upland cotton sales reported at 3,04,700 bales and shipments totaling 1,34,400 bales, while Pima cotton recorded net sales of 8,900 bales with shipments of 3,600 bales, taking total sales for the season to 3,13,600 bales. For the 2026–27 marketing year, forward booking activity remained limited, with net Upland sales of 15,000 bales and no Pima sales reported, resulting in total sales of 15,000 bales for the next season.
• This week, the Gujcot Spot Rate showed a steady upward trend, opening at ₹53,350 on Monday and gradually strengthening to ₹53,450 on Tuesday, ₹53,500 on Wednesday, ₹53,550 on Thursday, ₹53,600 on Friday, and ₹53,600 on Saturday, reflecting consistent buying interest and firm sentiment in the domestic cotton market.
• In India, CCI remains the main buyer at higher price levels, which has limited private pressing activity. This situation has resulted in a steady upward tone in the market. The Gujarat spot rate for Shankar-6 cotton has crossed ₹53,500 and continues to remain firm.
• Mills currently have sufficient inventory but are looking to source additional quantities as the duty-free window is set to close at month-end.
• Procurement by CCI has reached nearly 53 lakh bales till date.
• During this week, the Indian basis remained between 11.60 and 12.29.
• During the week, the USD–INR exchange rate remained largely steady with a mild upward bias, opening at 89.65 on Monday and remaining unchanged on Tuesday, before edging higher to 89.78 on Wednesday and holding at that level on Thursday, and finally strengthening further to close the week at 89.85 on Friday, indicating marginal depreciation of the rupee against the US dollar over the course of the week.
• Let’s hope for the best.