08-December-2023
Cotton Prices Rebound Back to Year-Old Range The cotton market was very cheerful all week as 2023 crop futures shot up to 83.60 before the March settlement was tagged at 81.44. Traders failed to pinpoint any specific fundamental news for the price rally. Most felt the week’s bullish movement
Read More / Download ReportDECEMBER 8, 2023 MARCH FUTURES FINISHED THE WEEK ENDING DECEMBER 7 WITH STRONG GAINS • Stock Market was Mixed this Week, but Managed to Maintain November’s Gains • S. Production Cut to 12.78 million bales and World Use was Cut to 113.73 million bales • U.S. Export Sales were Down for the W
Read More / Download ReportDecember-2023 COTTON: This month’s 2023/24 U.S. cotton forecasts include lower production, mill use, and ending stocks. Production is reduced 314,000 bales to 12.8 million largely due to a 500,000-bale decrease in the Texas crop. U.S. mill use is reduced 150,000 bales as spinning activity continu
Read More / Download ReportFor Week Ending 30-Nov-2023 Net Upland Sales 2023-24 Net sales of 116,400 RB for 2023/2024 were down 47 percent from the previous week and 63 percent from the prior 4-week average. Increases China 59,100 RB Macau 17,900 RB Bangladesh 16,900 RB Vietnam 11,000 RB Guatemala 10,10
Read MoreMarket Desperately Searching For Direction December 4, 2023 After falling a precipitous 173 points on Monday, cotton prices found some footing and traded narrowly from that point on.
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