COTTON PRICE HAS CORRECTED AND BULLISH PRICE PATTERN REMAINS INTACT
Cotton

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 ....

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

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 ....

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

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 ....

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

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 ....

WE COULD SEE A SIGNIFICANT RECOVERY IN COTTON FUTURES
Cotton

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 ....