Market Movement from 16th Feb 2026 to 21st Feb 2026.

•  
• NY March futures closed at 63.03 cents on 20-Feb compared to 62.11 cents on 13-Feb, registering a week-on-week gain of 0.92 cents.
• U. S. Export Sales was decent but shipment yet legging.
• In the latest U. S. Export Sales Report for the week ending 12-February-2026, the U.S. Export Sales report showed strong buying interest for the 2025-2026 marketing year, with net upland cotton sales of 4,66,300 bales and upland shipments of 1,72,600 bales, while net Pima sales stood at 4,800 bales with shipments of 5,400 bales, taking total net sales for the current marketing year to 4,71,100 bales. For the 2026-2027 marketing year, net upland sales were reported at 33,100 bales with no Pima sales, resulting in a total of 33,100 bales for the next season, indicating continued forward booking interest though at comparatively lower volumes than the current year.
• This week, Gujcot Spot Rate remained largely steady at ₹54,100 per candy from Monday through Thursday, reflecting balanced demand and limited fresh triggers in the physical market. On Friday, the rate witnessed a marginal improvement to ₹54,150, indicating slight buying support at lower levels. On Saturday, the rate was ₹54,200, maintaining the firm tone seen at the end of the week. Overall, the market traded in a narrow range with stable undertone and cautious mill buying.
• During this week, the Indian basis remained between 12.89 and 14.59.
• During the week, the USD-INR exchange rate remained largely stable in the initial four sessions, trading at 90.65 on Monday, 90.67 on Tuesday, 90.67 on Wednesday, and 90.67 on Thursday, indicating a narrow range movement and balanced demand–supply conditions. However, on Friday the pair witnessed a sharp uptick to 90.98, suggesting late-week dollar strength or increased demand for USD. Overall, the rupee traded sideways for most of the week before closing with a noticeable depreciation against the dollar in the final session.
• Let’s hope for the best.