International Cotton Market Report as on November 23, 2015

0
235

Last Night NYC Closing – 23-11-2015

Month Change Open High Low Settle In PKR Maund
DEC-15 0.12 59.99 60.95 59.72 60.16 5197.75
MAR-16 -1.23 62.89 63.00 61.45 61.60 5322.17
MAY-16 -1.20 63.64 63.75 62.35 62.48 5398.20
JUL-16 -0.99 64.02 64.02 63.00 63.13 5454.36
OCT-16 -0.71   62.59 5407.70
DEC-16 -0.71 64.11 64.11  63.48  63.58 5493.23
cotton tech chart

Bullish Patterns

Recognized Bullish Chart PatternsCotton 1603 is likely to face resistance level at 62.29 cents (14-DMA), where a break or trade above will attest further move. However, a correction will be limited at 61.56 cents. The RSI is flat position, suggesting neutral view.

Bearish Patterns

Recognized Bearish Chart PatternsNo Pattern were Recognized

World & Domestic Cotton Market

Current Price Prices on same Date Last Year
COTLOOK
Cotlook Index
(cents/lb)
‘A’ Index
69.35 65.90
USA
New York Cotton Market Contract No.2
(cents/lb)’Dec-2015 60.16 59.76
Mar-2016 61.60 59.52
(23-11-2015)
CHINA
China Cotton Index
Yuan/M . Ton
12,958 14,626
(24-11-2015)
INDIA
S6 29 MM 31200-31500 33200-33500
V797 – 22-23 mm 25000-26000 25500-26500
MCU5 31 mm 32000-32500 34000-34500
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,435 5,000
Ex-Karachi
(23-11-2015)
5,825 5,358
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
62.91 59.98

HEAVY FUND SELLING HITS ICE FUTURES AS PRICE FAIL TO BREAK 100 DAY MA

US Cotton Statistics

Total Futures Volume 35,227
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 6,295
Grand Totel 41,522
Source: ICE Dated: 23-11-2015

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 – 24-11-2015

Product Volume Open Interest
CF601 15,896 159,926
CF603 68 276
CF605 143,904 353,700
CF607 38 662
CF609 8,436 55,986
CF611 34 146
Source: CZCE

China CZCE Cotton – 24-11-2015

Product Open High Low Closing Settle Net Cng.
CF601 12,280.00 12,320.00 12,265.00 12,290.00 12,285.00 0.00
CF603 12,015.00 12,020.00 11,965.00 11,965.00 11,990.00 -25.00
CF605 11,895.00 11,945.00 11,815.00 11,835.00 11,875.00 5.00
CF607 11,725.00 11,775.00 11,700.00 11,715.00 11,730.00 -100.00
CF609 11,850.00 11,985.00 11,775.00 11,775.00 11,825.00 -5.00
CF611 11,860.00 11,860.00 11,805.00 11,805.00 11,840.00 25.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Nov 20
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 19-Nov 20-Nov 20-Nov 20-Nov Awaiting review (F.Western)
Dallas 19,867 0 0 19,867 0 0
Galveston 10,374 72 0 10,446 0 0
Greenville 440 0 10 430 0 0
Houston 51 0 0 51 0 0
Memphis 28,283 0 128 28,155 0 0
New Orleans 0 0 0 0 0 0
Total 59,015 72 138 58,949 0 0
usa certified stock

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of November 12, 2015
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 MEXICO 946 22% 478 78%
2 TURKEY 582 14% 0 0%
3 KOREAN REPUBLIC 337 8% 2 0%
4 VIETNAM 465 11% 0 0%
5 INDONESIA 337 8% 11 2%
6 THAILAND 290 7% 4 1%
7 EL SALVADOR 164 4% 74 12%
8 CHINA 215 5% 0 0%
9 GUATMAL 0 0% 0 0%
10 TAIWAN 131 3% 0 0%
  TOTAL 4,296 100% 616 100%

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

LEAVE A REPLY