Month: February 2017

COTTONGURU™ Daily Report

Posted on

  1. Arrivals on 27/02/17 is about 1.86 lakh bales.
  2. Market:  Steady
  3. Vietnam’s denim exports to the US has risen 16.1 per cent so far this year. Women’s jean exports from Vietnam to the US rose by almost 17 per cent.
  4. Cotton futures traded slightly higher in subdued early dealings Monday after opening unchanged overnight on the session low in May.
  5. US: Due to the strength of the dollar, commodities generally weakened, overnight cotton finished lower. But the data to see US cotton exports remain strong, as of February 17

For more brief reports of cotton market and Buy/Sell options,
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COTTONGURU™ Daily Report

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  1. Arrivals on 25/02/17 is about 1.58 lakh bales.
  2. Market:  Steady
  3. Today Indian lint cotton prices remained firm
  4. U.S.: 2017-18 cotton production projected at 17 million bales and exports at a seven-year high.

For more brief reports of cotton market and Buy/Sell options,
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For detailed reports on global cotton markets, subscribe to COTTONGURU™  Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on Updated on

  1. Arrivals on 22/02/17 is about 1.78 lakh bales.
  2. Market:  Bullish
  3. The production of cotton is estimated at 341 lakh bales for 2016-17, as per January projection done by CAI. The production of cotton stood at 337.75 lakh bales last year.
  4. The International Cotton Advisory Committee projects India will increase cotton planted area by 7% year/year, and expects Chinese planted area to increase by 3%  year/year.

For more brief reports of cotton market and Buy/Sell options,
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  1. Arrivals on 21/02/17 is about 1.79 lakh bales.
  2. Market:  Bullish
  3. The Cotlook A Index of world prices fell 120 points Monday to 84.20 cents, reflecting a premium of 8.68 cents over Friday’s May futures close.
  4. Grade issue forced leading buyers to make cautious deals during trading while the market sentiment remained firm, floor brokers shared. Forward trading for a period of a month also took place.
  5. Vietnam imported 1.034 million tons of cotton in 2016, an increase of 1.6% from a year ago.

For more brief reports of cotton market and Buy/Sell options,
download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™  Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on Updated on

  1. Arrivals on 21/02/17 is about 1.79 lakh bales.
  2. Market:  Bullish
  3. The Cotlook A Index of world prices fell 120 points Monday to 84.20 cents, reflecting a premium of 8.68 cents over Friday’s May futures close.
  4. Grade issue forced leading buyers to make cautious deals during trading while the market sentiment remained firm, floor brokers shared. Forward trading for a period of a month also took place.
  5. Vietnam imported 1.034 million tons of cotton in 2016, an increase of 1.6% from a year ago.

For more brief reports of cotton market and Buy/Sell options,
download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™  Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on

  1. Arrivals on 20/02/17 is about 1.82 lakh bales.
  2. Market:
  3. Today Indian lint cotton prices mixed. The ICE Cotton futures market remained closed due to President Day.
  4. China yarn market silent. Customers are not coming back on Indian supplier quotes. Gap in price is about 15 cents per kg.
    Vietnam yarn suppliers giving tough time to Indian yarn in Latin market also.

For more brief reports of cotton market and Buy/Sell options,
download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™  Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on Updated on

  1. Arrivals on 16/02/17 is about 1.92 lakh bales.
  2. Market: Bullish.
  3. Cotton Prices In Madhya Pradesh, Maharashtra, Lower Rajasthan Down By rs 100-200/Candy Reported – Traders
  4. World prices as measured by the Cotlook A Index dropped 25 points to 86.55 cents, widening the premium over the prior-day May futures settlement by a point to 8.60 cents.
  5. The New York cotton futures fell for the third day in a row on Wednesday, due to the technical sale of the March contract next week’s first delivery notice.

For more brief reports of cotton market and Buy/Sell options,
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COTTONGURU™ Daily Report

Posted on Updated on

  1. Arrivals on 16/02/17 is about 1.92 lakh bales.
  2. Market: Steady.
  3. Rupee is likely to open flat around 66.95 levels and initially is expected to trade on a weaker note on back of upbeat US CPI and Retail Sales numbers.
  4. Cotton futures were mixed today, with nearby futures sharply lower by 61-73 points, but deferred contracts mostly higher.
  5. CZCE futures in China were off yesterday with May falling 155 yuan/ton to 15,870 and ended the session -180 yuan/ton at 15,845.
  6. USDA estimates for world mill use increased 610,000 bales from December to February while production estimates grew by 1.18 million bales.
  7. U.S. retail sales in January increased more than expected and consumer prices increased 0.6% in January.

For more brief reports of cotton market and Buy/Sell options,
download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™  Fortnightly Newsletter on http://www.cottonguru.org