International Cotton Market Report as on April 13, 2016

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Last Night NYC Closing – 13-04-2016

Month Change Open High Low Settle In PKR Maund
MAY-16 0.12 61.57 62.37 61.31 61.63 5289.26
JUL-16 0.38 60.91 61.70 60.91 61.29 5260.08
OCT-16 0.43     60.81 5218.88
DEC-16 0.53 59.90 60.54  59.90 60.30 5175.11
MAR-17 0.67 60.19 60.91  60.19 60.73 5212.02
MAY-17 0.63  61.24  61.44  61.20 61.26 5257.50
cotton tech chart

 

Bullish Patterns

Recognized Bullish Chart PatternsNo Patterns were recognized

Bearish Patterns

Recognized Bearish Chart PatternsDuring an uptrend, three long black candles occur with consecutively lower closes. This pattern suggests that the market has been at a high price for too long, and investors are beginning to compensate for it. More significant if it appears after a mature advance.

World & Domestic Cotton Market

Current Price Prices on same Date Last Year (14-04-2015)
COTLOOK
Cotlook Index
(cents/lb)
‘A’ Index
69.30 71.85
USA
New York Cotton Market Contract No.2
(cents/lb)’May-2016 61.63 65.13
Jul-2016 61.29 65.46
(13-04-2016)
CHINA
China Cotton Index
Yuan/M . Ton
11,913 13,443
(14-04-2016)
INDIA
S6 29 MM 32300-32500 33700-34000
V797 – 22-23 mm 19000-25000 24000-25000
MCU5 31 mm 33100-34100 35500-36000
PAKISTAN
Karachi Cotton Association (Spot Rate) 5,535 5,400
Ex-Karachi
(13-04-2016)
5,932 5,786
Rs. per 40 kgs.
Rs. per maund
(Equivalent cents/lb.)
64.49 64.72

Cotton rises to highest in over two months on short covering, WASDE report

US Cotton Statistics

Total Futures Volume 25,612
Floor Call Options Volume 0
Floor Put Options Volumes 0
Total Options Volume 4,005
Grand Totel 29,617
Source: ICE Dated: 08-03-2016

NYC Closing For The Week #14

Days Price Open High Low Change %
05-Apr-16 58.91 59.07 59.09 58.85 -0.05%
04-Apr-16 58.94 59.27 59.47 58.73 -0.44%
01-Apr-16 59.20 58.30 59.39 58.16 1.42%
31-Mar-16 58.37 57.55 58.59 57.04 1.37%
30-Mar-16 57.58 57.31 57.91 57.31 0.42%
Source: ICE Dated: 10-03-2016

CZCE Cotton Contracts – 13-04-2016

Product Volume Open Interest
CF605 14,512 22,992
CF607 226 328
CF609 471,990 534,708
CF611 730 1,624
CF701 295,726 295,262
CF703 124 542
Source: CZCE

China CZCE Cotton – 13-04-2016

Product Open High Low Closing Settle Net Cng.
CF605 11,180.00 11,605.00 11,180.00 11,605.00 11,540.00 385.00
CF607 11,080.00 11,440.00 11,080.00 11,440.00 11,375.00 375.00
CF609 10,980.00 11,325.00 10,950.00 11,325.00 11,230.00 345.00
CF611 10,620.00 11,005.00 10,620.00 11,005.00 10,890.00 310.00
CF701 10,615.00 10,975.00 10,585.00 10,975.00 10,880.00 330.00
CF703 10,700.00 11,010.00 10,700.00 11,010.00 10,905.00 320.00
Source: CZCE

USA Certified Stock

Number of bales that are simultaneously in both
Certificated stock and the CCC loan as of Apr 12
Country Stock As of New Certified Decret Orders Current Stock   Non-Rain Grown
Points 11-Apr 12-Apr 12-Apr 12-Apr Awaiting review (F.Western)
Dallas 5,799 1,318 0 7,117
0 0
Galveston, TX 577 0 0 577 0 0
Greenville, SC 172 0 0 172 0 0
Houston, TX 1,883 0 0 1,883 0 0
Memphis, TN 28,907 0 0 28,907 0 0
New Orleans 0 0 0 0 0 0
Total 37,338 1,318 0 38,656 0 0
usa certified stock

Top Export Customers for U.S. Raw Cotton

(Thou. 480-Lb Bales)
Ranking as of March 24, 2016
Rank Country MY 2015 % of MY15 Total MY 2016 % of MY16 Total
1 TURKEY 1,421 18% 29 3%
2 VIETNAM 1,403 18% 32 3%
3 MEXICO 1,068 14% 575 52%
4 INDONESIA 541 7% 115 10%
5 CHINA 518 7% 0 0%
6 KOREAN REPUBLIC 453 6% 20 2%
7 THAILAND 374 5% 47 4%
8 PAKISTAN 247 3% 27 2%
9 TAIWAN 246 3% 15 1%
10 BANGLADESH 206 3% 24 2%
  TOTAL 7,822 100% 1,114 100%

Bremer Cotton Exchange in cent/lbs – 23rd Mar. 2016

Country Ex-Rate Shipment Last Week High Low Offered Settle
Sudan Barakat G 3 B 3/4 115,00 115,00 115,00 115,00 115,00
East Africa SM 1.3/32″ 3/4 71,50 71,50 70,75 71,25 71,50
C.I.S SM 1.3/32″ 3/4 72,00 72,00 71,00 71,67 72,00
C.I.S M 1.3/32″ 3/4 71,00 71,00 70,00 70,67 71,00
Greece SM 1.3/32″ n.q.N n.q n.q
Greece M 1.3/32″ n.q.N n.q n.q
Spain SM 1.3/32″ 3/4 71,25 72,50 71,50 72,08 72,00N
Spain M 1.3/32″ 3/4 70,25 71,50 70,00 70,56 71,00
Brazil SM 1.3/32″ 3/4 71,50 72,00 71,50 71,75 71,50
Brazil M 1.3/32″ 3/4 70,50 71,00 70,50 70,81 70,50
Argentina SM 1.3/32″ 3/4 n.q n.q n.q
India S-6 1.3/32″ 3/4 70,75 70,75 69,75 70,25 70,25
Pakistan M 1.3/32″ 0,00 n.q n.q
USA Pima Gr 2, 1.7/16″ 3/4 149,00 149,00 148,00 148,67 148,00
AFR Franc-Zone SM 1.3/32″ 3/4 70,50 70,75 69,75 70,31 70,50
AFR Franc-Zone M 1.3/32″ 3/4 69,50 69,75 68,75 69,31 69,50
USA Eastern /M./O./T SM 1.3/32″ 3/4 73,00 73,25 71,00 72,31 73,00
USA Eastern /M./O./T M 1.3/32″ 3/4 72,00 72,25 70,00 71,19 72,00
Turkey Southeast Extra 1.3/32″ n.q –  n.q. n.q.
Egypt Giza 88 G+3/8″ 3/4 198,00 198,00 198,00 198,00 198,00
Egypt Giza 86 Season 14/15/16 3/4 118,00 118,00 116,00 117,00 117,00
Israel Pima H-1  1.7/16″ 3/4 146,00 n.q 146,00

MCX Cotton

MCX

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