International Cotton Market Report as on November 17, 2015

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Last Night NYC Closing – 17-11-2015

Month Change Open High Low Settle In PKR Maund
DEC-15 -0.21 61.88 62.25 61.44 61.53 5316.12
MAR-16 0.06 62.59 63.37 62.55 62.67 5414.61
MAY-16 0.15 63.53 64.04 63.30 63.38 5475.96
JUL-16 0.15 63.95 64.42 63.72 63.77 5509.65
OCT-16 0.17   63.76 5508.79
DEC-16 0.16 64.00 64.25  63.75  63.77 5509.65
cotton tech chart

Bullish Patterns

Recognized Bullish Chart PatternsDuring a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick.

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
69.25 66.60
USA
New York Cotton Market Contract No.2
(cents/lb)’Dec-2015 61.53 58.81
Mar-2016 62.67 59.10
(17-11-2015)
CHINA
China Cotton Index
Yuan/M . Ton
12,947 14,773
(18-11-2015)
INDIA
S6 29 MM 31200-31500 33800-34000
V797 – 22-23 mm 25000-26000 26500-27500
MCU5 31 mm 32000-32500 34000-34500
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,435 5,100
Ex-Karachi
(17-11-2015)
5,825 5,465
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
62.91 61.12

Cotton futures touch two-week high on chart-fuelled buying

US Cotton Statistics

Total Futures Volume 38,037
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 4,678
Grand Totel 42,715
Source: ICE Dated: 17-11-2015

NYC Closing For The Week #34

Days Price Open High Low Change %
18-Nov-15 61.65 61.56 61.70 61.55 0.14%
17-Nov-15 61.56 61.74 62.25 61.46 0.03%
16-Nov-15 61.54 61.51 62.83 61.27 0.20%
13-Nov-15 61.42 61.85 62.01 61.40 -0.65%
12-Nov-15 61.83 62.15 62.46 61.77 -0.47%
Source: ICE Dated: 18-11-2015

CZCE Cotton Contracts – 18-11-2015

Product Volume Open Interest
CF601 40,446 174,350
CF603 22 238
CF605 210,744 343,668
CF607 8 662
CF609 17,300 50,172
CF611 94 62
Source: CZCE

China CZCE Cotton – 18-11-2015

Product Open High Low Closing Settle Net Cng.
CF601 12,290.00 12,375.00 12,265.00 12,365.00 12,320.00 25.00
CF603 12,175.00 12,175.00 12,175.00 12,175.00 12,175.00 30.00
CF605 11,860.00 12,000.00 11,785.00 11,995.00 11,885.00 20.00
CF607 11,820.00 11,820.00 11,820.00 11,820.00 11,820.00 105.00
CF609 11,765.00 11,915.00 11,700.00 11,910.00 11,795.00 40.00
CF611 11,790.00 11,830.00 11,750.00 11,825.00 11,795.00 -30.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Nov 16
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 13-Nov 16-Nov 16-Nov 16-Nov Awaiting review (F.Western)
Dallas 18,157 0 0 18,157 0 0
Galveston 6,162 2,135 0 8,297 0 0
Greenville 515 0 75 440 0 0
Houston 51 0 0 51 0 0
Memphis 26,865 1,848 2,450 26,263 0 0
New Orleans 0 0 0 0 0 0
Total 51,750 3,983 2,525 53,208 0 0
usa certified stock

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of November 05, 2015
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 MEXICO 944 23% 475 78%
2 TURKEY 518 13% 0 0%
3 KOREAN REPUBLIC 338 8% 2 0%
4 VIETNAM 435 11% 0 0%
5 INDONESIA 319 8% 11 2%
6 THAILAND 256 6% 4 1%
7 EL SALVADOR 163 4% 73 12%
8 CHINA 181 5% 0 0%
9 GUATMAL 97 2% 9 2%
10 TAIWAN 127 3% 0 0%
  TOTAL 4,079 100% 611 100%

Bremer Cotton Exchange in cent/lbs – 13th Nov. 2015

Country Ex-Rate Shipment Last Week High Low Offered Settle
Sudan Barakat G3B 10/11 117,00 117,00 115,00 116,33 117,00
East Africa SM 1.3/32″ 10/11 73,50 73,50 72,25 73,25 73,25
C.I.S SM 1.3/32″ 10/11 75,75 75,00 75,00 75,00 75,00
C.I.S SM 1.3/32″ 10/11 73,75 73,00 73,00 73,00 73,00
Greece SM 1.3/32″ 10/11 n.q.N n.q n.q
Greece SM 1.3/32″ 10/11 n.q.N n.q n.q
Spain SM 1.3/32″ 10/11 74,25 73,75 73,75 73,75 73,75
Spain SM 1.3/32″ 10/11 73,25 72,75 72,75 72,75 72,75
Brazil SM 1.3/32″ 10/11 74,75 74,50 74,00 74,25 74,50
Brazil SM 1.3/32″ 10/11 73,75 73,50 73,00 73,25 73,50
Argentina SM 1.3/32″ 10/11 71,50 72,75 68,50 70,63 71,50N
India SM 1.3/32″ 10/11 72,25 72,00 71,75 71,92 71,75
Pakistan SM 1.3/32″ 10/11 n.q n.q n.q
USA Pima SM 1.3/32″ 10/11 160,00 159,00 157,00 158,00 158,00
AFR Franc-Zone SM 1.3/32″ 10/11 72,50 72,50 72,00 72,33 72,25
AFR Franc-Zone SM 1.3/32″ 10/11 71,50 71,50 71,00 71,33 71,25
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 77,00 77,25 75,50 76,42 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″ 10/11 111,00 111,00 110,00 110,67 111,00
Israel Pima SM 1.3/32″ 10/11 157,00 155,00 155,00 155,00 155,00

MCX Cotton

MCX

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