COTTON TO ELUDE SELL-OFF
Cotton

COTTON TO ELUDE SELL-OFF

*ICE announced record total futures open interest of more than 47 million contracts *WASDE projected a 2.4 million bale increase to US production Recent rains in the top ....

LOWER STOCKS-TO-USE RATIO SUPPORTS THE HIGHER COTTON PRICES
Cotton

LOWER STOCKS-TO-USE RATIO SUPPORTS THE HIGHER COTTON PRICES

*ICE Cotton futures to reclaim 90 cents a pound level this week *World cotton production in 2020/21is projected at 113.3 million bales 7% below 2019/20 China's National Dev ....

COTTON BUMPS WITH THE ROSY BUSINESS OUTLOOK PROJECTED BY THE USDA
Cotton

COTTON BUMPS WITH THE ROSY BUSINESS OUTLOOK PROJECTED BY THE USDA

*US-China spat will weigh on cotton prices *world cotton production in 2020/21 led by China and India is projected at 113.3 million bales The price situation in cotton bump ....

PAKISTAN MAY OPEN THE DOOR FOR INDIAN COTTON: NEEDS TO IMPORT 3.5 MILLION BALES
Cotton

PAKISTAN MAY OPEN THE DOOR FOR INDIAN COTTON: NEEDS TO IMPORT 3.5 MILLION BALES

*Pakistan’s cotton crop estimated at 4.5 million bales down 27% and its lowest in the last 36 years *India’s benchmark Shankar-6 cotton is offered for exports at ₹46,000 t ....

USDA REVISED DOWN PROJECTIONS FOR COTTON PRODUCTION PRICES RALLIED
Cotton

USDA REVISED DOWN PROJECTIONS FOR COTTON PRODUCTION PRICES RALLIED

*The average 2020/21 cotton price is estimated at $0.65 *The CAI has pegged production at 356 lakh bales Cotton prices have rallied pre-pandemic levels as mill use recovers ....