Month: October 2020

International Cotton Position 26-October-20

The week started with gain of 82 points according to the ICE futures. Other markets behavior remained as follows. CHINESE MARKET: China market started the week with minor decrease in prices. INDIA:Indian cotton market seems stable in current week. PAKISTAN:Nothing new today here in Pakistan cotton market and same sentiments prevailed.. OTHER MARKETS:Other cotton markets …

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International Cotton Position 23-October-20

USA COTTON REPORT:USA Cotton kept gaining during the last several days but now some corrections and downward trend is expected. CHINA COTTON MARKET SENTIMENT:China cotton prices showed mix trend during the last week. Some increase was noticed at the end of the week. Overall sentiment remained firm. INDIAN COTTON PRICE SCENARIO:Indian cotton continued its upward …

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International Cotton Position 22-October-20

USA Sales Report NET SALES: 2020~21227,800 + 128,900 (+130%)Pakistan @ 93,300China @ 47,500Mexico @ 33,800Vietnam @ 30,100Bangladesh @ 9,000Other Countries: 14,100REDUCTIONSJapan @ 1000Indonesia @ 800 NET SALES: 2021~2221,300 + 8,100 (+61%)China @ 17,200Mexico @ 4,100 NET EXPORTS194,100 + 1500 (+01%)China @ 95,500Pakistan @ 29,100Vietnam @ 16,200Indonesia @ 12,600Bangladesh @ 12,000Other Countries: 28,700۔ Cotton Index Closing …

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International Cotton, Yarn and Fabric Prices

INDIAN COTTON TREND:Indian cotton prices are increasing with the progress of season. PAKISTAN COTTON TREND:Pakistan cotton market is firm and stable. After the latest Pakistan Cotton Ginners Report short crop feeling has been endorsed with more power. CHINA:China cotton market after having upward march during the previous 10 days is now facing some resistance to …

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Pakistan Cotton Ginner Association (PCGA) Arrival Report

Cotton prices

(LY stands for Last Year)(Diff stands for Difference from the same period of last year) CITY-WISE PUNJAB ARRIVALS BWNG: 273650+128299R/Y/KHAN: 157355+126231KHANEWAL: 151623+32370SAHIWAL: 111034+10900BWP: 108958+66022D.G.KHAN: 101199+37219VEHARI: 81199+16035T/T/SING: 46628+4353RAJANPUR: 42965+15165LAYYAH: 42550+9118MUZAFFAR/G: 31009+6912MULTAN: 17700+9465FAISALABAD: 14440+1043MIANWALI: 13020+7791LODRAN: 8578+3051JHANG: 4400+1000P/PATAN: 4100+374OKARA: 2000+800BHAKKAR: 1500+1000QASUR:0+0SARGHODHA:0+0TOTAL OF PUNJAB:1213908+477148. CITY-WISE SINDH+BALOCHISTAN ARRIVALS SANGHAR: 743532+38978SUKKUR: 183223+92032KHAIRPUR: 115191+54827NOSHERO/F: 106131+40934HYD: 101080+8727NAWABSHAH: 52875+4022GHOTKI: 47384+46184JAMSHORO: 40600+645MIRPURKHAS: 24170+5052BADIN: 7091+0DADU: 1273+1273&BALOCHISTAN: …

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International Cotton Position 16-October-20

U.S.A EXPORT SALES REPORTFor Week Ending 08 – October – 2020 Net Upland Sales for 2020-21Net sales of 98,900 Bales for 2020 to 2021 were down 45% from the previous week and 61% from the prior four weeks Avg. IncreasePakistan 36,500 Regular BalesChina 20,000 BalesGuatemala 14,900 BalesVietnam 13,800 BalesTurkey 10,400 Bales Reduction was seen inBangladesh …

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International Cotton Position 15-October-20

Another day of stable cotton prices in the global cotton market. USA:USA cotton prices are unable to cross the 69.00 figure and facing resistance at this level. CHINA: Bulls dominated the Chinese cotton market and prices gained further rise with increasing demand. INDIA:Indian cotton market showed firm posture at the current level. PAKISTAN:A tug of …

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International Cotton Position 14-October-20

Most of the buyers remained on sidelines. All the markets remained stable except Chinese market where some corrections were seen. Rains in India have also pushed the Indian cotton prices higher because rains are so heavy that there are fears of damage of crop and slow arrival in days to come. Pakistan cotton prices remained …

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International Cotton Position 12-October-2020

It was another day for bullish rule in the international cotton market. Cotton Prices in the markets like USA, China, India and Pakistan are increasing. Most of the mills were even not ready to quote their prices due to uncertain and upward market in expectation of further rise in textile goods. Cotton Index Closing NYC-CLOSEDDe68.37+0.73Mar69.18+0.76May69.93+0.81July70.46+0.85TOTAL …

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International Cotton Position 09-October-2020

Cotton finding severe resistance above the present level and when ever it tries to break this barrier, It is pushed back at the end of the day. According to to USDA latest WASDE report we may project further firmness in cotton prices but don’t predict the ultimate increase and its height. Cotton requirements have increased …

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International Cotton Position 08-October-2020

Another session of surprises in the cotton market ended with minor negative sentiment, but overall still market is under the cover of unforeseen and volatile futures. The Textile sector from raw material to finished product is in a fix and unable to predict any thing about future. It appears that uncertainty will be ruling the …

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International Cotton Position 06-October-2020

Cotton prices at international front maintained firm posture. NYCF December closed in positive with gain of 830 point. Pakistan is again going to face another year of short crop of cotton and will have to import huge quantities of Raw Cotton from other origins to meets its requirements. Indian cotton market will also remain firm …

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International Cotton Position 05-October-2020

Cotton Index Closing NYCE CLOSEDDec 66.03+0.21Mar 66.92+0.29May 67.58+0.31July 68.08+0.24TOTAL VOL 33198-LOTSKCA:9150+100Index-A:71.30+0.00Brazil:57.76+0.55INDIA:18340+100S-6:37200+400 Pakistan Cotton Sales Report PUNJABD.G.KHAN 400 bls 9900-BalochiHaroon – abad 2600 bls 9300-9450 – 9500 – 9550Chishtian 200 – bls – 9500Dunga Bunga 200 – bls – 9500Mian – wali 600 – bls – 9150 – 9175 – 9500Unch – Sharif 200 – bls …

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International Cotton Position 01-October-2020

USA export sales report U.S. EXPORT SALESFor Weekending 24-Sep-2020 Net Upland Sales 2020-21Net sales of 233,800 RB for 2020/2021 were up noticeably from the previous week and up 7 percent from the prior 4-week average. IncreaseTurkey 62,500 RBChina 55,700 RBVietnam 41,100 RBMexico 24,300 RBIndonesia 13,400 RB Net Upland Sales 2021-22For 2021/2022, net sales of 20,600 …

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