APRIL 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.
Read More / Download ReportFor Week Ending 18-Apr-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 177,100 RB for 2023/2024 were up 21 percent from the previous week and 73 percent from the prior 4-week average. Increases China 94,700 RB Pakistan 26,800 RB Vietnam 14,200 RB Turkey 9,700 RB Taiwa
Read More / Download ReportFocus Shifts to Production as Cotton Prices Falter Apr 19, 2024 The cotton market suffered through another week of mad cow disease as the new crop December contract fell to a low of 77.26 cents before recovering, settling the week at 77.55. The old crop May contract settled the week at 78.69 c
Read More / Download ReportAPRIL 19, 2024 July futures continued their descent, finishing higher in only one trading session this week. • May First Notice Day is less than a week away, so traders are focused on the July contract. July futures settled at 80.61 cents per pound, finishing 464 points lower for the week.
Read More / Download ReportFor Week Ending 11-Apr-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 146,100 RB for 2023/2024 were up 79 percent from the previous week and 64 percent from the prior 4-week average Increases China 92,600 RB Pakistan 9,600 RB Vietnam 9,000 RB Bangladesh 5,500 RB El Sa
Read MoreNo Sugar Coating: Bearish Tones Return to Cotton Market Apr 14, 2024 Thoughts that cotton had been knocked out last week were premature, as the spot May contract and other prices across the board fell in unison – including the especially important new crop December contract.
Read More / Download ReportAPRIL 12, 2024 Cotton futures continued to fall during a busy, data-driven week. • May futures settled at 83.37 cents per pound, finishing 377 points lower for the week.
Read More / Download ReportAPRIL 2024 COTTON: The U.S. 2023/24 cotton supply and demand projections are unchanged this month, with ending stocks forecast at 2.5 million bales or 18 percent of total disappearance.
Read More / Download ReportFor Week Ending 04-Apr-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 81,500 RB for 2023/2024 were down 4 percent from the previous week and 10 percent from the prior 4-week average.
Read MoreAPRIL 5, 2024 May cotton futures finished below 90 cents per pound after falling under pressure for three consecutive sessions. • May futures settled at 87.14 cents per pound, finishing 424 points lower for the week. This is the contract’s lowest close since January 31.
Read More / Download ReportFor Week Ending 28-Mar-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 84,900 RB for 2023/2024 were down 14 percent from the previous week, but up 4 percent from the prior 4-week average.
Read MoreOld Crop Cotton Supported As Price Creeps Lower Mar 29, 2024 My best cotton friend in Lubbock says the market is going higher while my best buddy in Memphis says it’s going lower. Of course, I agree with my friends.
Read More / Download ReportMARCH 28, 2024 Cotton futures finished lower for the week at 91.38 cents per pound but managed to recover some of the week’s losses after the release of Thursday’s Prospective Plantings report. • May futures closed at 91.38 cents per pound, finishing 83 points lower for the week.
Read More / Download ReportAll cotton planted area for 2024 is estimated at 10.7 million acres, up 4 percent from last year. Upland area is estimated at 10.5 million acres, up 4 percent from 2023. American Pima area is estimated at 203,000 acres, up 38 percent from 2023
Read More / Download ReportFor Week Ending 21-Mar-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 98,200 RB for 2023/2024 were up 8 percent from the previous week and 46 percent from the prior 4-week average.
Read MoreCotton Prices Holding, But Looking a Bit Weary Mar 24, 2024 Some times are more difficult than others. That great cotton and pecan grower Jerry Calvani of New Mexico used to suggest I was “struggling” during those times.
Read More / Download ReportMARCH 22, 2024 Cotton futures traded on both sides of the market but eventually settled lower for the week. • May futures continued last week’s descent, closing at 92.21 cents per pound and finishing 127 points lower.
Read More / Download ReportFor Week Ending 14-Mar-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 92,600 RB for 2023/2024 were up 8 percent from the previous week and 20 percent from the prior 4-week average.
Read More / Download ReportMARCH 15, 2024 May futures finished higher in only one of the five trading days. • Last Friday’s bullish USDA report did little to help the market. Fundamentals played almost no part in the sell-off.
Read More / Download ReportFor Week Ending 07-Mar-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 85,800 RB for 2023/2024 were up 65 percent from the previous week, but down 10 percent from the prior 4-week average.
Read More08 March, 2024 Extending RoDTEP support for exports made by Advance Authorisation (AA) holders, Export Oriented Units (EOU), Special Economic Zones (SEZ) units-reg.
Read More / Download ReportCotton’s Roller Coaster Is Back, Price at Current Levels Mar 08, 2024 It is still not over, but big-time volatility has engulfed cotton trading. Probably the correct reading is that the end is in sight.
Read More / Download ReportMARCH 8, 2024 May futures finished the week ending March 7 limit-up after trading lower early in the week. • Profit-taking and corrective action caused the early week decline, sending the front months in cotton limit-down at one point.
Read More / Download ReportMARCH 2024 COTTON: This month’s 2023/24 U.S. cotton forecasts show lower production and ending stocks relative to last month. Production is reduced 334,000 bales to 12.1 million, based on the March 8 Cotton Ginnings report.
Read More / Download ReportFor Week Ending 29-Feb-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 52,000 RB for 2023/2024 were up 30 percent from the previous week, but down 66 percent from the prior 4-week average.
Read MoreMARCH 1, 2024 May futures reached a contract high on Wednesday, fueled largely by speculative buying. • A tightening U.S. balance sheet and speculative buying pushed May cotton over the dollar mark for the first time in a year and a half.
Read More / Download ReportFor Week Ending 22-Feb-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 40,000 RB for 2023/2024 were down 69 percent from the previous week and 83 percent from the prior 4-week average.
Read MoreAt Current Prices, Cotton Is a Speculative Market. And That’s Okay. Feb 23, 2024 Run Forrest run! And boy, did he do his running. The March contract ran to a high of 95.42 cents before giving up on its first notice day, giving way to the May futures contract as the spot month. Thus, the s
Read More / Download ReportFEBRUARY 23, 2024 Cotton futures fell sharply during the holiday-shortened trade week but managed to recoup most of the losses. • The May contract reached a life-of-contract high on Friday after a busy week of trading.
Read More / Download ReportFor Week Ending 15-Feb-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 130,500 RB for 2023/2024 were down 19 percent from the previous week and 48 percent from the prior 4-week average.
Read MoreIn order to finalise cotton balance sheet for the ongoing crop year 2023-24 including review of cotton production, consumption, export, import numbers, an all India physical meeting of the National Crop Committee of the CAI with all stakeholders is convened on Monday, the 18th March 2024 at 3.30 p.m
Read MoreIn cooperation with the Cotton Association of India, the ICA will hold a training workshop addressing quality & trade matters, how to reduce disputes, Agents' functions and more. It will be Delivered in Mumbai India on 6-7 March 2024.
Read MoreGovernment of India has waved import duty of cotton of staple length exceeding 32.0 mm with notification number 10/2024-Customs Dated 19-February-2024 with effect from 24th February 2024. Click below to download Notification.
Read More / Download ReportFEBRUARY 16, 2024 Cotton futures rally to highest level since September 2022. • Cotton prices climbed sharply, making an 18-month high, despite a decline in the overall commodity complex and bearish outside market data. • Bullish technical signals increased buying, helping boost prices.
Read More / Download ReportFor Week Ending 08-Feb-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 160,500 RB for 2023/2024 were down 44 percent from the previous week and 49 percent from the prior 4-week average.
Read More8 th February 2024 Dear cotton friends for the benefit of the cotton trade -CAI has started Mediation work (one step before Arbitration) to amicably settle the disputes betweenSeller and buyer Recognising the importance of mediation as an important and effective mode of alternative dispute r
Read MoreFEBRUARY 9, 2024 Cotton futures were up for four out of five trading sessions. • Cotton prices continued higher for the fifth straight week, staying at the highest level since early October. • Daily trading volumes were high due to speculative buying and index funds rolling.
Read More / Download ReportFEBRUARY 2024 COTTON: The 2023/24 U.S. cotton balance sheet has lower ending stocks relative to last month, with higher exports and lower mill use, while production is unchanged.
Read More / Download ReportFor Week Ending 01-Feb-2024 Net Upland Sales 2023-24 Net sales of 284,100 RB for 2023/2024 were down 19 percent from the previous week and 8 percent from the prior 4-week average.
Read MoreComments Prior to the USDA February WASDE Release. Early report due to surgery schedule. Run Forrest Run! Old crop and new crop headed higher. Once again, Never Give Up On Cotton. Granted, what goes up does come down, and it is not going to be all roses.
Read More / Download ReportFEBRUARY 2, 2024 MARCH FUTURES CONTINUED THEIR ASCENT. • After a slight dip to begin the week, cotton prices finished at their highest level since early October.
Read More / Download ReportFor Week Ending 25-Jan-2024 Net Upland Sales 2023-24 Net sales of 349,400 RB for 2023/2024 were up 69 percent from the previous week and 37 percent from the prior 4-week average.
Read MoreCotton Enjoys Bullish Run Jan 26, 2024 Cotton continued its bullish run all week, all but challenging the top end of the yearlong-plus trading range. As expected, price resistance at the 86-cent trading level halted the advance.
Read More / Download ReportJANUARY 26, 2024 MARCH FUTURES FINISHED FOR SIX OUT OF THE PAST SEVEN TRADING SESSIONS • Stock Market Made All-Time Highs Throughout the Week • A Net Total of 207,000 Upland Bales were Sold for the Week Ending January 18
Read More / Download ReportFor Week Ending 18-Jan-2024 Net Upland Sales 2023-24 Net sales of 207,000 RB for 2023/2024 were down 51 percent from the previous week and 30 percent from the prior 4-week average.
Read MoreExtension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to 31st December 2024-reg.
Read More / Download ReportPositive Move in Cotton Prices? Jan 19, 2024 “The Fabric of Your Life” is demonstrating a bit of market excitement. Let us hope it can continue. The cotton market has turned a bit volatile, just as the equity and finance markets have. Long-term interest rates are increasing slightly as th
Read More / Download ReportJANUARY 19, 2024 MARCH FUTURES FINISHED WITH STRONG GAINS FOR THE SECOND CONSECUTIVE WEEK • Stock Market Managed to Recover Losses by the End of the Week • U.S. Export Sales Report Held Phenomenal Sales and Shipments for Week Ending January 11
Read More / Download ReportFor Week Ending 11-Jan-2024 Net Upland Sales 2023-24 Net sales of 420,000 RB for 2023/2024 were up 60 percent from the previous week and 85 percent from the prior 4-week average.
Read MoreCotton Prices Appear Range Bound Once More Jan 12, 2024 Nothing changed. USDA’s January supply demand report doused water on the market’s attempt to light up futures prices.
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