International Cotton Market Report: Nov 2, 2015

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Last Night NYC Closing – 30-10-2015

Month Change Open High Low Settle In PKR Maund
DEC-15 1.00 62.36 63.44 62.36 63.40 5477.68
MAR-16 0.79 62.36 63.29 62.31 63.10 5451.76
MAY-16 0.79 62.86 63.83 62.86 63.60 5494.96
JUL-16 0.78 63.50 64.09 63.50 63.95 5525.20
OCT-16 -1.37 63.12  63.12  62.86  62.86 5431.03
DEC-16 0.63 63.25 63.58  63.25  63.44 5481.14
cotton tech chart

 

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Bullish Patterns

Recognized Bullish Chart PatternsDuring a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern’s effectiveness are: 1) The first candlestick has a small real body and the second has a large real body. 2) Pattern appears after protracted or very fast move. 3) Heavy volume on second real body. 4) The second candlestick engulfs more than one real body.

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Bearish Patterns

Recognized Bearish Chart PatternsNo Patterns were recognized.

World & Domestic Cotton Market

Current Price Prices on same Date Last Year
COTLOOK
Cotlook Index
(cents/lb)
‘A’ Index
69.05 69.80
USA
New York Cotton Market Contract No.2
(cents/lb)’Dec-2015 63.37 62.80
Mar-2016 63.10 61.97
(30-10-2015)
CHINA
China Cotton Index
Yuan/M . Ton
12,979 14,786
(02-11-2015)
INDIA
S6 29 MM 32200-32500 34000-34500
V797 – 22-23 mm 25000-26000 25000-26000
MCU5 31 mm 32000-32500 34500-35000
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,635 5,300
Ex-Karachi
(30-10-2015)
6,039 5,679
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
65.22 62.66

Cotton rises on forecasts for rains in Texas growing regions

US Cotton Statistics

Total Futures Volume 25,587
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 4,877
Grand Totel 30,464
Source: ICE Dated: 30-10-2015

NYC Closing For The Week #34

Days Price Open High Low Change %
27-Oct-15 62.32 62.42 62.42 62.24 -0.27%
26-Oct-15 62.49 62.71 62.75 61.92 -0.32%
23-Oct-15 62.69 62.81 63.04 62.44 -0.43%
22-Oct-15 62.96 64.22 64.68 62.38 -1.98%
21-Oct-15 64.24 63.72 64.66 63.72 0.66%
Source: ICE Dated: 27-10-2015

CZCE Cotton Contracts – 02-11-2015

Product Volume Open Interest
CF511 2 528
CF601 71,252 233,116
CF603 0 156
CF605 132,230 324,600
CF607 2 18
CF609 3,852 27,918
Source: CZCE

China CZCE Cotton – 02-11-2015

Product Open High Low Closing Settle Net Cng.
CF511 12,175.00 12,175.00 12,175.00 12,175.00 12,175.00 -125.00
CF601 12,130.00 12,195.00 12,085.00 12,180.00 12,150.00 50.00
CF603 0.00 0.00 0.00 0.00 11,845.00 0.00
CF605 11,690.00 11,780.00 11,655.00 11,740.00 11,730.00 85.00
CF607 11,770.00 11,770.00 11,770.00 11,770.00 11,770.00 210.00
CF609 11,630.00 11,695.00 11,585.00 11,650.00 11,645.00 40.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Oct 29
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 28-Oct 29-Oct 29-Oct 29-Oct Awaiting review (F.Western)
Dallas 12,557 951 917 12,591 0 104
Galveston 1,987 0 0 1,987 0 3
Greenville 1,195 0 0 1,195 0 0
Houston 53 0 0 53 0 0
Memphis 31,340 237 682 30,895 0 0
New Orleans 0 0 0 0 0 0
Total 47,132 1,188 1,599 46,721 0 107
usa certified stock

 

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of October 22, 2015
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 MEXICO 933 25% 475 79%
2 TURKEY 461 12% 0 0%
3 KOREAN REPUBLIC 339 9% 2 0%
4 VIETNAM 364 10% 0 0%
5 INDONESIA 288 8% 11 2%
6 THAILAND 240 6% 4 1%
7 EL SALVADOR 163 4% 73 12%
8 CHINA 162 4% 0 0%
9 GUATMAL 97 3% 9 2%
10 TAIWAN 105 3% 0 0%
  TOTAL 3,773 100% 602 100%

Bremer Cotton Exchange in cent/lbs – 28th Oct. 2015

Country Ex-Rate Shipment Last Week High Low Offered Settle
Sudan Barakat G3B 10/11 118,00 118,00 118,00 118,00 118,00
East Africa SM 1.3/32″ 10/11 74,50 73,50 73,25 73,38 73,25
C.I.S SM 1.3/32″ 10/11 77,00 76,00 75,00 75,67 76,00
C.I.S SM 1.3/32″ 10/11 75,00 74,00 74,00 74,00 74,00
Greece SM 1.3/32″ 10/11 n.q.N n.q n.q
Greece SM 1.3/32″ 10/11 76,50N 76,00 75,75 75,88 76,00 N
Spain SM 1.3/32″ 10/11 75,50 74,50 74,00 74,33 74,50
Spain SM 1.3/32″ 10/11 74,50 73,50 73,00 73,33 73,50
Brazil SM 1.3/32″ 10/11 75,75 75,00 74,50 74,75 74,75
Brazil SM 1.3/32″ 10/11 74,75 74,00 72,50 73,33 73,75
Argentina SM 1.3/32″ 10/11 71,00 71,00 71,00 71,00 71,00
India SM 1.3/32″ 10/11 73,75 73,00 72,50 72,75 72,75
Pakistan SM 1.3/32″ 10/11 70,50 70,00 69,25 69,63 69,75N
USA Pima SM 1.3/32″ 10/11 62,00 162,00 162,00 162,00 162,00
AFR Franc-Zone SM 1.3/32″ 10/11 73,75 73,00 72,00 72,58 72,50
AFR Franc-Zone SM 1.3/32″ 10/11 72,75 72,00 71,00 71,58 71,50
USA Eastern /M./O./T SM 1.3/32″ 10/11 79,00 78,00 75,00 77,00 78,00
USA Eastern /M./O./T SM 1.3/32″ 10/11 77,50 76,50 74,00 75,67 76,50
Turkey Southeast SM 1.3/32″ n.q –  n.q. n.q.
Egypt Giza 88 SM 1.3/32″ 10/11 193,00 193,00 193,00 193,00 193,00
Egypt Giza 86 SM 1.3/32″ 10/11 111,00 111,00 111,00 111,13 111,00
Israel Pima SM 1.3/32″ 10/11 159,00 159,00 159,00 159,00 159,00

MCX Cotton

 

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