Commodity DNA | Cotton

Cotton

By Ibrahim Patel
Sep 13, 2020

COTTON PRICE HAS CORRECTED AND BULLISH PRICE PATTERN REMAINS INTACT

*The season-average price for cotton is forecast at 59 cents *CAI has upgraded its cotton production forecast by 19 lakh bales to 354.50 lakh bales The bulls are on the ru ....

Cotton

By Ibrahim Patel
Aug 26, 2020

IN 2021/22 WE COULD SEE A SIGNIFICANT RECOVERY IN COTTON FUTURES

*Global cotton consumption is set to drop 15% from a year earlier to 22.29 million tons in 2019-20 *There are many similarities between the price action in commodities markets i ....

Cotton

By Ibrahim Patel
Aug 02, 2020

CROP DAMAGED IN US AND OUTLOOK FOR CHINESE IMPORTS COTTON REBOUNDED 25%

*Cotton seed sowing for the 2020-21 season is up 22% in India *China is selling government reserves to textile mills at a cheaper price than imports Excessive rains brough ....

Cotton

By Ibrahim Patel
Jul 13, 2020

US CORN CROP IS IN A KEY STAGE FUTURES WERE THE SESSION LOW AT $3.26

*World production corrected at 1,163.21 million ton ending stocks are at 315.04 million ton *China made its largest purchase of American corn in more than two decades Trade ....

Cotton

By Ibrahim Patel
Jul 12, 2020

WE COULD SEE A SIGNIFICANT RECOVERY IN COTTON FUTURES

*The forward curve in the cotton futures market is relatively flat around the 60-65 cents *Cotton sowing area in Gujarat is 1.571 million hectares Cotton is sitting in the ....