Worldwide Cotton Market Report Dt. 25072018

WORLDWIDE COTTON MARKET REPORT
PUBLISHED BY : TUSHAR SHETH, SHANKAR 6 COTTON FIBERS PVT. LIMITED
PHONE: 079 - 29704899 Email : info@cottontradeindia.com
VOL. SCF NO.104 AHMEDABAD, SATURDAY JULY 21, 2018 FREE REPORT
All Over India there is good rain in major cotton growing areas and sowing figures improved this week. North
India Cotton Season starting early before one month than all other region in India. In Punjab, Haryana and
Rajasthan Harvesting will begin in September Month and Gujarat, Maharashtra, M.P., Telangana, Karnataka
and other states Cotton harvesting will start in October Month. Till Now there is no insects attack on cotton
flowers and Cotton Crop is at healthy stage. In 2018-19 Cotton Season Cotton Crop may increase by 10-15%
due to good return on Cotton Commodity for Farmers. Lets See Worldwide Detail Report....
INDIAN GOVERNMENT RAIES IMPORT ALL INDIA COTTON ARRIVAL UPDATES
DUTIES ON LARGE TEXTILE PRODUCTS TO
Punjab : 1094750 Bales
SAVE INDIAN INDUSTRIES
Haryana : 2250000 Bales
Import duties had been increased for an even
broader set of products and goods in the Rajashtan : 2200000 Bales
textile categories back in October 2017India
Gujarat : 9482990 Bales
on Monday raised the import duties on a large
number of textile apparels, fibres and related Maharashtra : 8500000 Bales
products such as carpets by up to 20 per
Madhya Pradesh : 2050000 Bales
cent.Spread across 37 broad tariff areas, the
import duties, however, target products for Andhra Pradesh : 1851100 Bales
which India’s imports are low.This includes
Telangana : 5046220 Bales
textile apparels and accessories, hosiery item
and certain types of vegetable based textile Karnataka : 1800000 Bales
fibres, among others.Effective duty rate for Tamilnadu : 350000 Bales
most of these items have been doubled.
Import duties had been increased for an even Odissa : 350000 Bales
broader set of products and goods in the Others : 100000 Bales
textile categories back in October2017.
Total : 35075060 Bales
Interestingly, the export of apparels, the
*As per Cotton Corporation of India Latest Figures
largest chunk of exports within the textile
segment, has been contracting since the same INDIAN COTTON YARN MARKET UPDATES
month.Export of ready-made garments
*30 KH : 207 Rs. /Kg. (FOB USD 3.05/Kg.)
continued to drop in June, contracting by
12.34 per cent, albeit lower than the 16.62 *30 CH : 223 Rs. /Kg. (FOB USD 3.30/Kg.)
per cent fall seen in May.
*30 CCH : 244 Rs. /Kg. (FOB USD 3.60/Kg.)
For Detail Duty Structure on Import Textile
(For Other Yarn Count Approximate Cost Add
Products Visit DGFT Govt. Website
Rs. 2 Per Count/Kg. Converstion Cost)
EXPORT - IMPORT TRAINING PROGRAM ON 22ND SEPTEMBER 2018 AT AHMEDABAD,

GUJARAT, INDIA ( TO REGISTER VISIT WWW.COTTONEXIMINDIA.COM CALL: 96013 88988 /92272 00704)
INTERNATIONAL DEMAND FORWARD TRADE UPDATES FOR 2018-19 :-

Indian Cotton have good Demands from China, Multinational Companies and Leading Cotton
Bangladesh , Vietnam and Pakistan every year. Traders Offering New Cotton Crop 2018-19
season as mentioned Below Rates :- (29 mm
This Year China Will buy Bulk Quantity of Indian Variety)
Cotton in Direct as well as Consignment Sales
System. November 2018 : 48300-48500 Rs. /Candy
December 2018 : 47800-48000 Rs./Candy
Under Consignment Sales System Indian Cotton January 2019 : 47300-47500 Rs./Candy
Exporter Keeping Stock in China and Chinese
Customer Buying at Spot Price by Checking In International Market China Buyer demanding
at 93 USC /LBS with condition that cotton should
Quality and Weight.
reach before 15th December-18
EXPORT MARKET PRICE UPDATES :-
Indian Cotton S6 29 mm Offering at 95.5 - 96 USC
/LBS to Chittagong, Bangladesh Market while for
COTTON VARIETY SPOT RATES
China Market 92.50 -93 USC / LBS in Direct Export
(FOB INDIAN PORT) (USC/LBS) and Bonded Warehouse Sellling Quotation at 94-
94.5 USC / LBS in Ready Delivery.
S6 28.5 MM (1-1/8”) 92.00 USC
S6 29 MM (1-5/32”) 91.00 USC Bangladesh Buyer Diverted in African Cotton due

to consistent good quality less trash and moisture
MECH-1 30 MM 92.50 USC and Indian Cotton Selling Proportion being
decrease every year.
MCU 5 31 MM 93.50 USC
Vietnam Mills Buying Mainly USA Cotton by 70-
MCU5 32 MM 94.50 USC
75 Lacs Bales, African Cotton by 12-15 Lacs Bales
DCH 34-35 MM 120.00 USC and than Indian Cotton about 8-10 Lacs Bales.
PAKISTAN COTTON MARKET UPDATES :- Pakistan Cotton Market quoted so Strong by 9200-9500
PKR / Maund (87 USC /LBS Ex.Factory) This Week Pakistan Currency Depreciated too much agaist US
Dollar and Touch 128.50-130 Pakistan Rupees Against US Dollar.
Pakistan New Cotton Season Starting and few Indian Mills have Booked Import Cotton from Pakistan.
INDIAN COTTON BALES EXPORT LATEST DATA

(FROM OCTOBER-2017 TO MAY 2018)
IMPORT COTTON DATA FOR INDIA

TOTAL IMPORTS - 868166 COTTON BALES (170 KG.)
(FROM 1ST OCTOBER TO MAY-2018 MONTH)
APPLY ORGANIC COTTON , BCI LICENSE OR ANYTYPE OF SUSTAINABLE LICENSE

CALL : +91- 92272 00704 / 81600 36673 TELE : +91-79-29704899 EMAIL : ctigroup2017@gmail.com
INDIAN MCX COTTON MARKET UPDATES

LAST CLOSING DATE : 20-07-2018
FOR COTTON HEDGING, WAREHOUSE FINANCE AND EXPERT ADVISE

FOREX CURRENCY MARKET UPDATES

LAST CLOSING DATE : 20-07-2018
FOR CURRENCY BOOKING AND EXPERT ADVISE CONTACT US

ALL INDIA COTTON SOWING UPDATES (STATEWISE)
DATE : 20-07-2018 (Agri. Ministry)
STATE WISE AREA

(IN LAC HECTERES)
Punjab 2.84
Haryana 6.65
Rajasthan 4.86
Gujarat 17.23
Maharashtra 35.01
Madhya Pradesh 5.24
Telangana 14.76
Andhra Pradesh 2.29
Karnataka 2.58
Tamilndau 0.04
Orissa 1.04
Others 0.172
Total Sowing 92.71
Last Year 2017-18 at This Time Sowing was 104.26 Lakh Hectare
APPLY ORGANIC COTTON , BCI LICENSE OR ANYTYPE OF SUSTAINABLE LICENSE

ALL INDIA COTTON VARIERTY LATEST PRICE UPDATES (AS PER CAI)
EXPORT DOCUMENTATION, SHIPPING, LOGISTICS, BANKING, WAREHOUSING, HEDGING SOLUTIONS

WEATHER WARNING UPDATES FOR NEXT 5 DAYS
INTERNATIONAL INDENTING AGENCY FOR COTTON, COTTON YARN AND TEXTILE WASTE
ALL INDIA STATEWISE RAIN DISTRIBUTION DETAILS
SELL COTTON TO CHINA THROUGH OUR INDIAN COMPANY SUPPORT

TELE : +91- 79 - 29704899 (10 LINE) MOBILE : +91- 92272 00704 / 81600 36673 (TUSHAR SHETH)
ALL INDIA WEATHER WARNING
21 July (Day 1): Heavy to very heavy rain at a few places with extremely heavy fall at isolated
places very likely over Odisha; heavy to very heavy rain with extremely heavy fall at isolated places
very likely over Chhattisgarh; heavy to very heavy rain at a few places over Uttarakhand and at
isolated places over Haryana, Chandigarh & Delhi, West Uttar Pradesh, East Rajasthan, East
Madhya Pradesh, Vidarbha, Jharkhand, Gangetic West Bengal, Gujarat region, Konkan & Goa,
Coastal Andhra Pradesh, Telangana, Coastal Karnataka and South Interior Karnataka and heavy rain
at isolated places over Himachal Pradesh, Punjab, East Uttar Pradesh, West Rajasthan, West
Madhya Pradesh, Assam & Meghalaya, Nagaland, Manipur, Mizoram & Tripura, Saurashtra &
Kutch, Madhya Maharashtra, North Interior Karnataka, Tamilnadu and Kerala.
22 July (Day 2): Heavy to very heavy rain at a few places with extremely heavy fall at isolated
places very likely over Chhattisgarh; heavy to very heavy rain with extremely heavy fall at isolated
places very likely over Odisha, East Madhya Pradesh and Vidarbha; heavy to very heavy rain at
isolated places over Uttarakhand, West Madhya Pradesh, Gangetic west Bengal,Jharkhand,
Konkan & Goa, Telangana, Coastal Karnataka and South Interior Karnataka and heavy
rain at isolated places over Jammu & Kashmir, Himachal Pradesh, Haryana, Chandigarh &
Delhi, West Uttar Pradesh, West Bengal & Sikkim, Assam & Meghalaya, Nagaland, Manipur,
Mizoram & Tripura, Gujarat region, Madhya Maharashtra, Marathwada, Coastal Andhra Pradesh,
North Interior Karnataka, Tamilnadu and Kerala.
23 July (Day 3): Heavy to very heavy rain at isolated places places very likely over Madhya
Pradesh, Vidarbha, Madhya Maharashtra, Konkan & Goa, Coastal & South Interior Karnataka and
heavy rain at isolated places over Punjab, East Rajasthan Chhattisgarh, Sub-Himalayan West
Bengal & Sikkim, Gujarat region, Marathwada, Telangana, North Interior Karnataka and Kerala.
24 July (Day 4): Heavy to very heavy rain at isolated places likely over East Rajasthan and Gujarat
region; heavy rain at isolated places over West Madhya Pradesh, Saurashtra & Kutch, Madhya
Maharashtra, Konkan & Goa, Coastal & South Interior Karnataka and Kerala.
25 July (Day 5): Heavy to very heavy rain at isolated places likely over East Rajasthan and Gujarat
region; heavy rain at isolated places over Saurashtra & Kutch, Konkan & Goa, Coastal & South
Interior Karnataka and Kerala.
CTI SHIPPING & LOGISTIC - COTTON & YARN CLEARING, FORWARDING & LOGISTIC
CLEARING, FORWARDING, SHIPPING & LOGISTIC FOR COTTON & YARN

CALL : +91- 92272 00704 (TUSHAR SHETH) / 99091 71148 (HARESH BHAI) / 93753 22449 (BHAVESH BHAI)
FOR LETTER OF CREDIT (LC) DISCOUNTING, PACKING CREDIT (PRE & POST SHIPMENT)
CALL : +91- 92272 00704 (TUSHAR SHETH) / 81600 36673 Tele : +91-79-29704899 / 40307878
WORLDWIDE COTTON AREA, BEGINING STOCK, PRODUCTION, IMPORTS,

EXPORTS AND ENDING STOCK
FOR FOREX CURRENCY FORWARD BOOKING CONTACT US ANY TIME

CALL : +91- 79- 29704899 / 29704899 MOBILE : 092272 00704 / 81600 36674
USA (AMERICA) COTTON MARKET UPDATES
LATEST ICE FUTURE CLOSING PRICE OF 20TH JULY 2018
FOR COTTON BALES, COTTON YARN AND TEXTILE WASTE REQUIREMENT

CALL : +91- 79- 29704899 / 29704899 MOBILE : 092272 00704 / 81600 36674
USA COTTON PLANTING, PRODUCTION AND YIELD REPORT

U.S. EXPORT WEEKLY SALES REPORT

Net sales of 12,900 running bales for 2017/2018 were down 89 percent from the
previous week and up noticeably from the prior 4-week average.
Increases were reported for Pakistan (6,900 RB, including decreases of 100 RB), China
(5,900 RB, including 2,800 RB switched from Vietnam), South Korea (2,800 RB,
including 1,500 RB switched from Vietnam), Vietnam (1,900 RB, including 300 RB
switched from Japan and decreases of 200 RB), and Indonesia (1,800 RB, including
400 RB switched from Thailand and decreases of 400 RB).
Reductions were reported for Turkey (8,000 RB), Japan (2,500 RB), and unknown
destinations (800 RB). For 2018/2019, net sales of 247,700 RB were reported for
Vietnam (93,400 RB), Pakistan (36,400 RB), Malaysia (26,900 RB), and China (24,300
RB). Exports of 227,300 RB were down 12 percent from the previous week and 33
percent from the prior 4-week average.
The primary destinations were Vietnam (53,300 RB), Turkey (32,300 RB), Indonesia
(26,300 RB), China (18,000 RB), and Mexico (15,500 RB). Net sales of Pima totaling
800 RB for 2017/2018 were down 58 percent from the previous week and 37 percent
from the prior 4-week average. Increases were reported for Pakistan (1,200 RB), and
Thailand (500 RB). Reductions were for China (1,400 RB), Japan (200 RB), and
Colombia (100 RB). For 2018/2019, net sales reductions of 2,900 RB were reported for
India (100 RB), were more than offset by reductions for China (3,000 RB).
Exports of 12,400 RB were down 28 percent from the previous week and unchanged
from the prior 4-week average.
The primary destinations were India (5,000 RB), China (2,800 RB), Thailand (1,700 RB),
and Vietnam (1,000 RB).
Optional Origin Sales: For 2017/2018, options were exercised to export 200 RB to
Indonesia from the United States. The current optional origin outstanding balance is
6,200 RB, all Indonesia.
Exports for Own Account: The current outstanding balance of 13,000 RB is for
Vietnam (6,300 RB), China (6,200 RB), and Bangladesh (500 RB).
U.S. COTTON MARKET UPDATES

Futures open interest has increased slightly and amounted to 25.8 million bales as of this morning,
which is around 0.2 million bales more than a week ago. When we look at the daily trading volume
of 1.65 million bales in relation to open interest, we get a number of just a little over 6%.
This means that there are simply not a lot of players in the game right now, which makes it difficult
to anticipate the market’s next move. On the long side we have speculators, who despite a 1400-
point drop in the spot month reduced their net long by only around 3.48 million bales since mid-
June, from 12.22 to 8.74 million bales. In other words, they seem to have a lot more staying power
than we thought and they have started to add some new longs. However, they are definitely aware
of the lack in volume and are therefore treading carefully.
On the short side there is the trade, which continues to hold on to a rather substantial net short
position of around 16.50 million bales, most of which is tied to unfixed on-call contracts. There are
currently 14.93 million bales in unfixed on-call sales vs. 4.17 million bales in unfixed on-call
purchases. Despite the big drop in the market four weeks ago, most mills have been holding out for
lower prices and are therefore in no hurry to chase the market higher at this point.
As long as the production outlook for the major crops holds up, there is no reason for trade shorts
to panic. At the moment crops in the US and India seem to be on course to meet or exceed current
USDA projections. Most of Texas has received some helpful moisture over the last two weeks and
apart from the abandoned dryland acreage the crop seems to be in decent shape. We currently
have Texas at 6.6 million bales, which compares to 9.2 million bales a year ago. Since the Mid-South
and Southeast seem to produce more than last season, we feel that the current USDA estimate of
18.5 million bales is too conservative. We are therefore going with a crop of 19.25 million bales at
this point.
US export sales were once again impressive last week, as 339,700 running bales of Upland and
Pima cotton were added for all three marketing years combined. Participation was broad-based
with 19 markets buying, while shipments of 239,700 running bales went to 23 destinations.
Shipments were slower than anticipated for a second week, which was probably the reason behind
the softer market today.
For the current season we now have commitments of 17.5 million statistical bales, of which
around 15.1 million bales have so far been exported. With less than 3 weeks of data to go, it
is unlikely that exports will reach the 16.2 million bales USDA estimate. For next marketing
year we now have commitments of around 6.5 million statistical bales and then there are an
additional 1.2 million bales on the books for the 2019/20-season.
INDIAN EXPORTER FOR COTTON , YARN & TEXTILE WASTE
CELL : +91- 92272 00704 / 81600 36673 TELE : +91-79-29704899
The ICE cotton market was propelled to limit up on Thursday afternoon by a surprisingly
bullish USDA WASDE report. US 18/19 crop was lowered by 1 million bales to 18.5 million and
China ending stocks were revised to the downside by 4.6 million bales due to an increase in
domestic consumption for the past 5 seasons, all which resulted in a reduction of World ending
stock in 18/19 by 5.2 million bales compared to the previous report. However, despite a strong
performance in the wake of the report, prices failed to follow through to the upside and spent
the rest of the reporting week consolidating on low volumes near the key resistance (at 89.00-
90.00 basis Dec18). The market reluctance to follow up the Thursday’s rally could be explained
by the fact that the revision of China and, by consequence, World ending stocks to the downside
was rather expected by market participants for quite some time. After all, World less China
ending stocks remained at a historical high and China stock-to-use ratio is still higher than that
for the rest of the world.
Technically, the market is still in an uptrend. A confirmed break above 90.00 is likely to lead to a
test of the contract highs at around the 95.00 level. On the other hand, a close below 84.50
would void the short-term positive outlook and set prices to challenge the recent lows at 81.85.
After shooting up the four-cent limit last Thursday from a one-two combination of a surprisingly
large cut in U.S. production coupled with large increase in Chinese consumption, the Dec’18
contract traded in a narrower range this week. This market appears to have been lifted again by
long speculative positioning, and emerging bullish fundamentals factors. The July revisions to
2018/19 U.S. cotton involved 200’000 bales cut in carry-in, a 1.0 million bales reduction in
production, and 500’000 bales cut from projected U.S. exports. The production adjustment
resulted from replacing the Mar 29 planted acreage with the slightly higher June 29 number,
however in the same report USDA increased their projected abandonment in the Southwest
region. In August the picture could become clearer when USDA replaces historical averages with
actual observations
of yield and abandonment. In the meantime, we are left to focus on weekly crop progress,
subjective condition ratings, and weather. Crop condition ratings for Texas are on a downtrend,
CHINA COTTON MARKET UPDATES
CHINA ZCE FUTURE LATEST SETTLEMENT
EXPORT - IMPORT TRAINING PROGRAM ON 22ND SEPTEMBER 2018 AT AHMEDABAD,

GUJARAT, INDIA ( TO REGISTER VISIT WWW.COTTONEXIMINDIA.COM CALL: 96013 88988 /92272 00704)
Following the bounce off the upper end of the 16’000-15’500 support area (basis most
active Jan19 contract) last week the ZCE cotton futures broke nearby resistance at 16’650
setting the first key resistance at 17’240 as the next minimum upside target. The short-term
outlook turned neutral, a consolidative type of trading between 16’000 and 17’250 might go
on for some time.
The trade war between China and US continues to be the main topic and worries. The
Chinese customs has already started to collect 25% tax on US cotton imports under the
normal trade quota. For processing quota, mills still can avoid this high tax. Most mills are
not ready to buy imported cotton as they feel ICE is too high and imports have no price
advantage compared to domestic Xinjiang cotton. The delay of releasing additional sliding
scale duty quota resulted in mills having to turn to domestic cotton for the next two months.
A few trading companies bought foreign cotton on-call. Chinese textile exports to the US
have not been affected so far.
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WORLDWIDE COTTON MARKET REPORT

PUBLISHED BY : TUSHAR SHETH, SHANKAR 6 COTTON FIBERS PVT. LIMITED

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

EXPORT - IMPORT TRAINING PROGRAM ON 22ND SEPTEMBER 2018 AT AHMEDABAD,

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

INTERNATIONAL DEMAND FORWARD TRADE UPDATES FOR 2018-19 :-

S6 29 MM (1-5/32”) 91.00 USC Bangladesh Buyer Diverted in African Cotton due

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

INDIAN COTTON BALES EXPORT LATEST DATA

IMPORT COTTON DATA FOR INDIA

(FROM 1ST OCTOBER TO MAY-2018 MONTH)

APPLY ORGANIC COTTON , BCI LICENSE OR ANYTYPE OF SUSTAINABLE LICENSE

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

INDIAN MCX COTTON MARKET UPDATES

FOR COTTON HEDGING, WAREHOUSE FINANCE AND EXPERT ADVISE

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

FOREX CURRENCY MARKET UPDATES

FOR CURRENCY BOOKING AND EXPERT ADVISE CONTACT US

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

ALL INDIA COTTON SOWING UPDATES (STATEWISE)

DATE : 20-07-2018 (Agri. Ministry)

STATE WISE AREA

APPLY ORGANIC COTTON , BCI LICENSE OR ANYTYPE OF SUSTAINABLE LICENSE

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

EXPORT DOCUMENTATION, SHIPPING, LOGISTICS, BANKING, WAREHOUSING, HEDGING SOLUTIONS

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

WEATHER WARNING UPDATES FOR NEXT 5 DAYS

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

ALL INDIA STATEWISE RAIN DISTRIBUTION DETAILS

SELL COTTON TO CHINA THROUGH OUR INDIAN COMPANY SUPPORT

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

ALL INDIA WEATHER WARNING

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

CLEARING, FORWARDING, SHIPPING & LOGISTIC FOR COTTON & YARN

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

WORLDWIDE COTTON AREA, BEGINING STOCK, PRODUCTION, IMPORTS,

FOR FOREX CURRENCY FORWARD BOOKING CONTACT US ANY TIME

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

USA (AMERICA) COTTON MARKET UPDATES

LATEST ICE FUTURE CLOSING PRICE OF 20TH JULY 2018

FOR COTTON BALES, COTTON YARN AND TEXTILE WASTE REQUIREMENT

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

USA COTTON PLANTING, PRODUCTION AND YIELD REPORT

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

U.S. EXPORT WEEKLY SALES REPORT

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

U.S. COTTON MARKET UPDATES

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

CHINA COTTON MARKET UPDATES

CHINA ZCE FUTURE LATEST SETTLEMENT

EXPORT - IMPORT TRAINING PROGRAM ON 22ND SEPTEMBER 2018 AT AHMEDABAD,

PHONE: 079 - 29704899 Email : info@cottontradeindia.com

For Weekly Full Detail Report Subscribe Email us at cottontradeindia@gmail.com

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