Commodity DNA | Cotton

Cotton

By Ibrahim Patel
May 20, 2021

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 ....

Cotton

By Ibrahim Patel
May 02, 2021

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

By Ibrahim Patel
Apr 04, 2021

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 ....

Cotton

By Ibrahim Patel
Mar 03, 2021

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 ....

Cotton

By Ibrahim Patel
Dec 14, 2020

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 ....