Weekly Cotton Price Movement. This report provides a comprehensive analysis of the weekly movements in cotton prices across various international and domestic markets.
This report provides a comprehensive analysis of the weekly movements in cotton prices across various international and domestic markets. The data encompasses a range of categories including ICE Cotton Futures, CotLook Index A, China Cotton (CZCE), Brazil Cotton, Indian Cotton, and Pakistan Cotton. Additionally, it covers the prices of Polyester Staple Fiber (PSF) in both virgin and recycled forms. This detailed examination aims to offer insights into the trends and fluctuations observed in the cotton market over the past week, aiding stakeholders in making informed decisions. The report highlights significant changes, providing a clear understanding of the current market dynamics.
To analyze the weekly cotton price movement report, we’ll look at the changes from the last week’s closing to this week’s closing for various categories listed in the table.
ICE Cotton Futures
- Jul’24: Decreased from 73.84 to 70.97, a change of -2.87.
- Oct’24: Increased from 74.20 to 74.35, a change of +0.15.
- Dec’24: Decreased from 72.89 to 72.14, a change of -0.75.
- Mar’25: Decreased from 74.64 to 73.43, a change of -1.21.
CotLook Index A
- Decreased from 83.65 to 81.85, a change of -1.80.
China Cotton (CZCE)
- Decreased from 14,965 to 14,590, a change of -375.
Brazil Cotton
- Decreased from 74.11 to 72.57, a change of -1.54.
Indian Cotton
- Decreased from 57,000 INR/Candy to 56,500 INR/Candy, a change of -500 INR/Candy.
- Decreased from 86.99 USC/LB to 86.16 USC/LB, a change of -0.83 USC/LB.
Pakistan Cotton
- KCA Spot Rate:
- Decreased from 19,700 PKR/Maund to 19,700 PKR/Maund, no change.
- Decreased from 86.06 USC/LB to 85.97 USC/LB, a change of -0.09 USC/LB.
- Minimum Price:
- Decreased from 20,000 PKR/Maund to 20,000 PKR/Maund, no change.
- Decreased from 87.37 USC/LB to 87.28 USC/LB, a change of -0.09 USC/LB.
- Maximum Price:
- No change in PKR/Maund, remained at 21,500.
- Decreased from 93.93 USC/LB to 93.82 USC/LB, a change of -0.11 USC/LB.
PSF (Polyester Staple Fiber)
- Virgin:
- No change in price, remained at 367 PKR/Kg.
- GRS:
- No change in price, remained at 377 PKR/Kg.
- Imported:
- No change in price, remained at $1.12 USD/Kg.
- Increased from 358 PKR/Kg to 359 PKR/Kg, a change of +1 PKR/Kg.
Summary
Overall, there were slight decreases across most categories in cotton prices over the week, with ICE Cotton Futures for Jul’24 showing the most significant decrease. CotLook Index A and China Cotton also saw notable declines. The Indian Cotton prices decreased both in INR and USC/LB, whereas Pakistan Cotton had minimal changes. PSF prices remained largely stable with only a minor increase in the imported price in PKR/Kg.