JULY 26, 2024 December futures sank to their lowest level in over two years. • Price pressure came from all directions this week. A weak technical outlook, speculators retaining a near-record short position, declining outside markets, and talks of a bigger crop caused the significant sell-of
Read More / Download ReportFor Week Ending 18-Jul-2024 Net Upland Sales 2023-24 Net sales reductions of Upland totaling 74,200 RB for 2023/2024--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.
Read More / Download ReportSub : budget and new technology seed Watch full Video on Youtube: https://youtu.be/t4JqXUQhAR4
Read MorePrice Prospects Become Dimmer – For Now July 19, 2024 USDA’s July crop production and supply/demand estimates were bearish and cast a somewhat dimmer price outlook likely for the near term. Following is a summary of the major changes:
Read More / Download ReportSeesaw Trading Leads the Cotton Market Nowhere July 19, 2024 USDA’s July world supply demand report, released the prior week, made for seesaw trading all week. Prices saw 100 points higher one day, only to slide 100 points the next as the December contract ended the week nearly unchanged.
Read More / Download ReportJULY 19, 2024 After trading back and forth throughout the week, cotton futures found support and made marginal gains. • Last Friday’s WASDE put pressure on prices, but Monday saw a triple-digit rally in futures prices. Prices fluctuated throughout the week due to speculators continuing to co
Read More / Download ReportFor Week Ending 11-Jul-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 27,200 RB for 2023/2024--a marketing-year low--were down 50 percent from the previous week and 76 percent from the prior 4-week average.
Read More / Download ReportBearish Report Keeps a Cap on Cotton Prices July 12, 2024 These are the fun days in the cotton market. USDA released an extremely bearish world supply demand report for July. Thus, to ensure market participants kept focused, prices moved higher.
Read More / Download ReportLetter listing out requests from cotton trade handed over by the CAI President for consideration of the Hon'ble Union Minister of Textiles, Shri Giriraj Singh ji in Mumbai on 12th July 2024 Read full text in attached PDF
Read More / Download ReportPer-budget representation dated 27th June 2024 to the Hon’ble Union Minister of Finance Smt. Nirmala Sitaraman Read full text in attached PDF
Read More / Download ReportJULY 12, 2024 Cotton futures traded on both sides of the market ahead of Friday’s WASDE Report. • The summer doldrums were present this week, evident by the market’s daily two-sided moves and the December contract reaching a three-year low.
Read More / Download ReportJuly-2024 COTTON: The July U.S. cotton projections for 2024/25 show higher acreage, production, and beginning and ending stocks compared to last month.
Read More / Download ReportFor Week Ending 04-Jul-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 54,100 RB for 2023/2024 were down 53 percent from the previous week and 62 percent from the prior 4-week average.
Read More / Download ReportJULY 5, 2024 The cotton market consolidated lower in the holiday-shortened trade week. • Last week’s unexpectedly bearish Acreage Report continued to weigh on the market. The December contract settled 222 points lower at 72.36 cents per pound.
Read More / Download ReportFor Week Ending 27-Jun-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 115,400 RB for 2023/2024 were up 27 percent from the previous week, but down 23 percent from the prior 4-week average. Increases China 63,600 RB Vietnam 27,600 RB Pakistan 6,400 RB Indonesia 6,000 RB
Read More / Download ReportCotton Plantings Report Surprises Market, Potential for Better Prices Remains June 30, 2024 Despite the very bearish USDA June plantings report, the potential for higher 2024 crop prices remains on track. Recall, we warned that higher prices would come very, very slowly and only bit by bit.
Read More / Download ReportJUNE 28, 2024 Cotton futures traded higher for much of the week but fell lower on Thursday after a disappointing Export Sales Report. • The December contract closed 196 points higher, settling at 74.58 cents per pound.
Read More / Download ReportFor Week Ending 20-Jun-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 90,600 RB for 2023/2024 were down 52 percent from the previous week and 50 percent from the prior 4-week average.
Read MoreWeather, Not Demand, Now Controls Cotton Market June 21, 2024 The tiny cracks in the bears’ armor remain just that – tiny. Yet, they exist and absent an absolutely unexpected widespread excellent rain over some nearly two million acres of Texas cotton (primarily Districts 1-N and 1-S) over the
Read More / Download ReportJUNE 21, 2024 Cotton futures were up modestly, finding support after trading on both sides of the market this week. • December futures fell to their lowest level since October 2022 but recouped some losses by the end of the week. The contract traded 83 points higher, settling at 72.62 cents
Read More / Download ReportFor Week Ending 13-Jun-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 189,000 RB for 2023/2024 were up 7 percent from the previous week and 2 percent from the prior 4-week average.
Read More / Download ReportGovernment of India has increased the Minimum Support Price of Medium Staple Cotton from 6,620 to 7,121 and Long Staple Cotton from 7,020 to 7,521 for season 2024-25.
Read More / Download ReportMill Buying Increases, Yet Cotton Market Remains Cautious June 14, 2024 There are tiny cracks appearing in the cotton bear’s armor. They are minute, well camouflaged, and may be difficult to penetrate, but finally they are there. Indications are that mills can finally see value in cotton wit
Read More / Download ReportJUNE 14, 2024 Cotton futures continued to slide on a looser balance sheet for June and rains in the Southwest. • Since last week’s close, July futures gave up 409 points, settling at 71.35 cents per pound. The decline is primarily due to the contract’s liquidation as First Notice Day approac
Read More / Download ReportFor Week Ending 06-Jun-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 177,100 RB for 2023/2024 were up 28 percent from the previous week, but down 2 percent from the prior 4-week average.
Read MoreJune-2024 COTTON: The 2024/25 U.S. cotton projections show higher beginning and ending stocks compared to last month. Projected production, domestic use and exports are unchanged.
Read More / Download ReportCotton Prices Holding, But Watch the Fundamentals June 07, 2024 Misery loves company and cotton had a lot of company this week. Yet, cotton trading should not have been that bad.
Read More / Download ReportJUNE 7, 2024 Cotton futures traded on both sides of the market but ultimately settled lower for the week. • Since last week’s close, July futures gave up 232 points, settling at 75.44 cents per pound.
Read More / Download ReportFor Week Ending 30-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 138,700 RB for 2023/2024 were down 38 percent from the previous week and 34 percent from the prior 4-week average.
Read MoreMAY 31, 2024 Last week’s gains were short-lived as the cotton market faced headwinds from weather and macroeconomic pressure. • Since last week’s close, July futures relinquished 396 points, settling at 77.76 cents per pound.
Read More / Download ReportFor Week Ending 23-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 222,600 RB for 2023/2024 were up 10 percent from the previous week and 25 percent from the prior 4-week average.
Read MoreHas Cotton’s Downturn Bottomed Out? May 26, 2024 Nothing is worse than to have land, money, and other resources already committed to production and watching the market (and the value of expected production) decline. Farming is a biological process and takes time, and time creates risk. Resou
Read More / Download ReportAnother Second Chance Price Rally Still Not Enough May 27, 2024 Cotton will come around. But as we have repeatedly commented, the 2024 crop will have to be priced in 2025, most likely based on the May 2025 contract.
Read More / Download ReportMAY 24, 2024 The market finally felt some relief after weeks of selling and finished higher in four consecutive trading sessions. • July futures gained 548 points from last week’s close, settling at 81.72 cents per pound. The July contract closed up the limit on Wednesday and had another str
Read More / Download ReportFor Week Ending 16-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 202,900 RB for 2023/2024 were up 30 percent from the previous week and 19 percent from the prior 4-week average.
Read MoreAnother Sloppy Week for Cotton Prices May 17, 2024 Cotton suffered another sloppy week as lower Chinese prices, coupled with bearish inflation numbers and very weak apparel sales, all worked to force prices lower – even limit down one day and near limit down trading on another.
Read More / Download ReportMAY 17, 2024 Cotton futures traded on both sides of the market but gave back the previous week’s gains. • July futures fell 236 points from last week’s close, settling at 76.24 cents per pound. The July contract closed limit down on Tuesday.
Read More / Download ReportFor Week Ending 09-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 156,500 RB for 2023/2024 were down 38 percent from the previous week and 7 percent from the prior 4-week average.
Read MoreHas the Cure for Low Cotton Prices Set In? The cure for low prices has finally set in. The recovery will be slow and, just like recovery from many ailments, there will be good and bad days. Some setbacks can be expected along the way.
Read More / Download ReportMAY 10, 2024 After the bottom fell out of the market last week, July futures managed small gains for the week but ran into resistance around 80.00 cents per pound. • July futures settled at 78.60 cents per pound, finishing 298 points higher for the week.
Read More / Download ReportMay-2024 COTTON: The U.S. cotton projections for 2024/25 include a larger crop as planted area is slightly higher and abandonment is projected at less than half the rate realized in 2023/24. Production is forecast at 16.0 million bales, based on 10.67 million planted acres as indicated in the M
Read More / Download ReportFor Week Ending 02-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 253,700 RB for 2023/2024 were up noticeably from the previous week and from the prior 4-week average. Increases China 119,000 RB Pakistan 36,300 RB Vietnam 27,500 RB Turkey 21,500 RB Indonesia 19,600
Read More / Download ReportPrepare to Price 2024 Cotton Late in the Marketing Season Fundamentals drove cotton prices down to the mid-70s before selling ran out of steam and a small bit of demand brought prices back to the high 70s for old crop and the mid-70s for new crop.
Read More / Download ReportMAY 3, 2024 After gaining a little ground last week, July futures spent the week on a downward descent. • July futures settled at 75.62 cents per pound, finishing 546 points lower for the week.
Read More / Download ReportFor Week Ending 25-Apr-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 97,400 RB for 2023/2024 were down 45 percent from the previous week and 20 percent from the prior 4-week average. Increases Vietnam 29,600 RB Pakistan 17,400 RB China 15,000 RB India 7,100 RB Banglad
Read More / Download ReportCotton Prices Trapped as Export Sales Continue with No Change in Demand Apr 28, 2024 Low prices have encouraged export sales of all growths and U.S. cotton continues to move. Yet the level of sales is not sufficient to suggest that demand is improving. In fact, the level of sales does not ev
Read More / Download ReportAPRIL 26, 2024 July futures spent most of the week trying to recoup some of last week’s losses. May First Notice Day was on Wednesday, April 24, with 213 notices issued so far this month.
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