International Cotton Market Report as December 7, 2015

0
216

Last Night NYC Closing – 07-12-2015

Month Change Open High Low Settle In PKR Maund
MAR-16 -0.14 64.77 64.78 64.07 64.57 5578.77
MAY-16 0.00 65.28 65.35 64.72 65.28 5640.11
JUL-16 0.12 65.54 65.75 65.07 65.70 5676.40
OCT-16 0.20 64.18 64.18 64.18 65.13 5627.15
DEC-16 0.09 65.29  65.60  65.07  65.59 5666.90
MAR-17 0.18 65.35  65.63 65.35  65.71 5677.26
cotton tech chart

Bullish Patterns

Recognized Bullish Chart PatternsNo Patterns were recognized

Bearish Patterns

Recognized Bearish Chart PatternsConsolidation is likely to continue above the resistance level at 64.06 cents, where a break below will revisit 63.91 cents (200-DMA). On the contrary, the initial upside will be tested towards 64.79 cents.

World & Domestic Cotton Market

Current Price Prices on same Date Last Year
COTLOOK
Cotlook Index
(cents/lb)
‘A’ Index
71.70 67.05
USA
New York Cotton Market Contract No.2
(cents/lb)’Mar-2015 64.57 60.54
May-2016 65.28 59.64
(07-12-2015)
CHINA
China Cotton Index
Yuan/M . Ton
12,948 13,958
(08-12-2015)
INDIA
S6 29 MM 32800-33000 32800-33300
V797 – 22-23 mm 24000-24500 26500-27500
MCU5 31 mm 32500-32700 34000-34500
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,335 4,800
Ex-Karachi
(07-12-2015)
5,718 5,143
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
61.75 57.70

India to launch Direct Benefit Transfer scheme for Cotton farmers

US Cotton Statistics

Total Futures Volume 25,790
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 7,335
Grand Totel 33,125
Source: ICE Dated: 07-12-2015

NYC Closing For The Week #34

Days Price Open High Low Change %
03-Dec-15 63.27 63.40 63.40 63.16 -0.39%
02-Dec-15 63.51 63.58 63.93 63.26 -0.07%
01-Dec-15 63.56 62.76 63.62 62.76 1.36%
30-Nov-15 62.71 63.94 64.10 62.34 -2.00%
27-Nov-15 63.99 63.34 64.17 63.34 1.03%
Source: ICE Dated: 03-12-2015

CZCE Cotton Contracts – 08-12-2015

Product Volume Open Interest
CF601 6,914 137,526
CF603 134 376
CF605 88,130 364,146
CF607 18 662
CF609 9,862 72,858
CF611 10 242
Source: CZCE

China CZCE Cotton – 08-12-2015

Product Open High Low Closing Settle Net Cng.
CF601 12,115.00 12,145.00 12,090.00 12,130.00 12,120.00 20.00
CF603 11,870.00 11,960.00 11,865.00 11,960.00 11,930.00 10.00
CF605 11,580.00 11,635.00 11,550.00 11,635.00 11,605.00 35.00
CF607 11,555.00 11,575.00 11,535.00 11,560.00 11,555.00 50.00
CF609 11,560.00 11,640.00 11,555.00 11,625.00 11,615.00 55.00
CF611 11,620.00 11,705.00 11,620.00 11,705.00 11,675.00 50.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Dec 04
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 03-Dec 04-Dec 04-Dec 04-Dec Awaiting review (F.Western)
Dallas 19,872 0 0 19,872 0 0
Galveston 12,314 120 0 12,434 0 0
Greenville 244 0 0 244 0 0
Houston 1,910 0 0 1,910 0 0
Memphis 30,842 0 0 30,842 0 0
New Orleans 0 0 0 0 0 0
Total 65,182 120 0 65,302 0 0
usa certified stock

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of November 26, 2015
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 MEXICO 959 20% 478 73%
2 TURKEY 759 16% 0 0%
3 KOREAN REPUBLIC 339 7% 2 0%
4 VIETNAM 675 14% 17 3%
5 INDONESIA 354 7% 11 2%
6 THAILAND 325 7% 6 1%
7 EL SALVADOR 163 3% 74 11%
8 CHINA 233 5% 0 0%
9 BANGLADESH 126 3% 0 0%
10 TAIWAN 147 3% 3 0%
  TOTAL 4,877 100% 658 100%

Bremer Cotton Exchange in cent/lbs – 2nd Dec. 2015

Country Ex-Rate Shipment Last Week High Low Offered Settle
Sudan Barakat G3B 12 117,00 117,00 116,00 116,67 117,00
East Africa SM 1.3/32″ 12 73,25 74,25 72,00 73,50 74,25
C.I.S SM 1.3/32″ 12 74,00 75,75 74,00 75,00 75,50
C.I.S SM 1.3/32″ 12 73,00 73,75 72,50 73,33 73,50
Greece SM 1.3/32″ n.q.N n.q n.q
Greece SM 1.3/32″ n.q.N n.q n.q
Spain SM 1.3/32″ 12 74,00 75,25 73,50 74,50 75,00
Spain SM 1.3/32″ 12 73,00 74,25 72,50 73,50 74,00
Brazil SM 1.3/32″ 12 74,00 75,25 73,50 74,58 75,00
Brazil SM 1.3/32″ 12 73,00 74,25 72,50 73,58 74,00
Argentina SM 1.3/32″ 12 71,50 N 72,75 71,50 72,13 72,50 N
India S-6 1.3/32″ 12 72,00 73,00 71,25 72,25 72,75
Pakistan M 1.3/32″ 0,00 n.q n.q
USA Pima Gr 2, 1.7/16″ 12 157,00 157,00 156,00 156,67 157,00
AFR Franc-Zone SM 1.3/32″ 12 72,00 73,25 71,25 72,50 73,25
AFR Franc-Zone SM 1.3/32″ 12 71,00 72,25 70,25 71,50 72,25
USA Eastern /M./O./T SM 1.3/32″ 12 76,00 77,75 75,00 76,67 77,50
USA Eastern /M./O./T SM 1.3/32″ 12 75,00 76,25 74,00 75,50 76,50
Turkey Southeast SM 1.3/32″ n.q –  n.q. n.q.
Egypt Giza 88 SM 1.3/32″ 12 193,00 193,00 193,00 193,00 193,00
Egypt Giza 86 SM 1.3/32″ 12 114,50 116,00 114,50 115,00 115,00
Israel Pima H-1  1.7/16″ 12 154,00 154,00 153,00 153,50 154,00

MCX Cotton

MCX

LEAVE A REPLY