International Cotton Market Report: November 12, 2015

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Last Night NYC Closing – 12-11-2015

Month Change Open High Low Settle In PKR Maund
DEC-15 -0.34 62.18 62.47 61.72 61.84 5342.90
MAR-16 -0.15 62.26 62.70 62.03 62.16 5370.55
MAY-16 -0.07 62.92 63.30 62.74 62.85 5430.16
JUL-16 0.01 63.20 63.63 63.10 63.27 5466.45
OCT-16 0.07    63.38 5475.96
DEC-16 0.15 63.21 63.63  63.15  63.40 5477.68
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Bullish Patterns

Recognized Bullish Chart PatternsCotton 1512 is just trading around resistance area at 62.14 cents (50-DMA), meaning we could see a breakout of it at any time. Above 62.14 cents will likely find resistance at 62.27 cents and 62.54 cents. Alternatively, a correction will be limited at 61.33 cents.

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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
69.20 68.50
USA
New York Cotton Market Contract No.2
(cents/lb)’Dec-2015 61.84 61.94
Mar-2016 62.16 60.34
(12-11-2015)
CHINA
China Cotton Index
Yuan/M . Ton
12,960 14,802
(13-11-2015)
INDIA
S6 29 MM 31200-31500 34000-34500
V797 – 22-23 mm 25000-26000 25000-26000
MCU5 31 mm 32000-32500 34500-35000
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,385 5,200
Ex-Karachi
(12-11-2015)
5,771 5,572
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
62.09 62.32

US Cotton Statistics

Total Futures Volume 49,372
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 6,245
Grand Totel 55,617
Source: ICE Dated: 12-11-2015

NYC Closing For The Week #34

Days Price Open High Low Change %
10-Nov-15 62.31 61.90 62.47 61.89 0.54%
09-Nov-15 61.97 61.94 62.05 61.63 0.15%
06-Nov-15 61.88 62.12 62.19 61.66 -0.51%
05-Nov-15 62.20 62.06 62.28 61.77 0.28%
04-Nov-15 62.03 62.66 62.90 61.81 -1.23%
Source: ICE Dated: 10-11-2015

CZCE Cotton Contracts – 13-11-2015

Product Volume Open Interest
CF511 0 544
CF601 56,364 183,274
CF603 0 214
CF605 121,978 319,188
CF607 642 664
CF609 12,186 42,646
Source: CZCE

China CZCE Cotton – 13-11-2015

Product Open High Low Closing Settle Net Cng.
CF511 0.00 0.00 0.00 0.00 12,300.00 0.00
CF601 12,240.00 12,300.00 12,185.00 12,255.00 12,250.00 25.00
CF603 0.00 0.00 0.00 0.00 12,000.00 0.00
CF605 11,740.00 11,800.00 11,685.00 11,765.00 11,750.00 0.00
CF607 11,650.00 11,660.00 11,530.00 11,660.00 11,600.00 -100.00
CF609 11,645.00 11,670.00 11,585.00 11,650.00 11,620.00 -30.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Nov 11
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 10-Nov 11-Nov 11-Nov 11-Nov Awaiting review (F.Western)
Dallas 14,678 516 0 15,194 0 0
Galveston 5,284 0 0 5,284 0 0
Greenville 515 0 0 515 0 0
Houston 51 0 0 51 0 0
Memphis 25,313 724 0 26,037 0 0
New Orleans 0 0 0 0 0 0
Total 45,841 1,240 0 47,081 0 0
usa certified stock

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of October 29, 2015
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 MEXICO 940 24% 475 78%
2 TURKEY 486 12% 0 0%
3 KOREAN REPUBLIC 340 9% 2 0%
4 VIETNAM 398 10% 0 0%
5 INDONESIA 309 8% 11 2%
6 THAILAND 253 6% 4 1%
7 EL SALVADOR 163 4% 73 12%
8 CHINA 181 5% 0 0%
9 GUATMAL 97 2% 9 2%
10 TAIWAN 119 3% 0 0%
  TOTAL 3,939 100% 610 100%

Bremer Cotton Exchange in cent/lbs – 4th Nov. 2015

Country Ex-Rate Shipment Last Week High Low Offered Settle
Sudan Barakat G3B 10/11 118,00 118,00 115,00 117,00 117,00
East Africa SM 1.3/32″ 10/11 73,25 73,75 73,50 73,58 73,50
C.I.S SM 1.3/32″ 10/11 76,00 76,25 75,00 75,58 75,75
C.I.S SM 1.3/32″ 10/11 74,00 74,25 73,50 73,92 73,75
Greece SM 1.3/32″ 10/11 n.q.N n.q n.q
Greece SM 1.3/32″ 10/11 76,00N n.q n.q
Spain SM 1.3/32″ 10/11 74,50 75,00 73,50 74,25 74,25
Spain SM 1.3/32″ 10/11 73,50 74,00 72,50 73,25 73,25
Brazil SM 1.3/32″ 10/11 74,75 75,25 74,00 74,58 74,75
Brazil SM 1.3/32″ 10/11 73,75 74,25 72,50 73,31 73,75
Argentina SM 1.3/32″ 10/11 71,00 71,50 71,50 71,50 71,50
India SM 1.3/32″ 10/11 72,75 73,25 72,00 72,75 72,75
Pakistan SM 1.3/32″ 10/11 69,75 n.q n.q
USA Pima SM 1.3/32″ 10/11 162,00 162,00 157,00 160,00 160,00
AFR Franc-Zone SM 1.3/32″ 10/11 72,50 73,00 72,00 72,63 72,50
AFR Franc-Zone SM 1.3/32″ 10/11 71,50 72,00 71,00 71,63 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 78,00 78,25 75,50 77,19 77,00
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″ 10/11 111,00 111,00 111,00 110,67 111,00
Israel Pima SM 1.3/32″ 10/11 159,00 157,00 157,00 157,00 157,00

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