Cotton

Discussion in 'Softs' started by rakeshmalik, Jan 17, 2008.

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  1. rakeshmalik

    rakeshmalik Well-Known Member

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    new york future was march +37, may+39,july+42,close 67.79 march
     
  2. rakeshmalik

    rakeshmalik Well-Known Member

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    india import 3000 bales cotton from pakistan of low mic @ 50 cents.
     
  3. rakeshmalik

    rakeshmalik Well-Known Member

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    CNCE Forward trading: Market Ended Higher
    02/02/08

    COTTONCHINA 6040 tons were concluded on CNCE??s e-market, 860 tons less than the previous session. All cotton traded today were Type 229, open interests increased 660 tons and cumulative open interests totaled 80120 tons.

    Market opened lower but settled higher. Volume kept reducing and open interests increased. Most of MA contracts settled slightly higher except nearby contract. MA0802 lost by 13 yuan to 14172 yuan and MA0804 gained by 13 yuan to 14486 yuan
     
  4. rakeshmalik

    rakeshmalik Well-Known Member

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    CNCE Forward trading: Cotton Market Strong
    02/03/08

    COTTONCHINA 7780 tons were concluded on CNCE??s e-market, 1740 tons more than the previous session. All cotton traded today were Type 229, open interests increased 920 tons and cumulative open interests totaled 81040 tons.

    Market opened higher then moved to lower, price gained before session ended. Both volume and open interests increased. All MA contracts settled higher especially the forward contracts. MA0802 gained by 11 yuan to 14183 and MA0804 gained by 46 yuan to 14532.
     
  5. rakeshmalik

    rakeshmalik Well-Known Member

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    chinise requirments;........QUOTATION                      DATE : 23.01.2008

    1. GROWTH              :  INDIAN
    2. CROP YEAR            :  2007-2008
    3. GRADE                :  SHANKAR-6 Premium Quality Raw cotton
    4. STAPLE                :  1-1/8”
    5. MIC                   :  3.5 to 4.9 NCL
    6. STRENGTH             :  28GPT +
    7. QUANTITY             :  1000MT
    8. PRICE                 :  0.7250 USD / LBS ( CIF- Shanghai port, China)
    9. PAYMENT              :  100% By Confirm irrevocable at sight 
                               Letter of Credit by any A1 International Bank.        
    10. SHIPMENT            :  Feb - 08


    # NOTE:
    1.   L/c. must be opened within a week from the date of bargain for the confirmation of bargain.
    2.  If Third Party Inspenction ( eg. SGS) is require, it will arrange & paid by the Buyer at loading Port.
    3.  Quotation validity for 24 hours from the receiving.
    4. CIQ terms final for china
    ..............................................
     
  6. rakeshmalik

    rakeshmalik Well-Known Member

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    LATEST RAW COTTON ARRIVALS
    (Position as on 25th (January 2008)
    The per day arrivals are reported around 2,25,000 bales.

    States 2007-08 2006-07
    Quantity in lakh bales of 170 kgs

    Punjab 16.65 19.60
    Haryana 10.50 10.80
    Rajasthan 7.25 6.30
    North Total 34.40 36.70
    Gujarat 63.50 53.50
    Maharashtra 44.50 33.50
    Madhya Pradesh 14.50 11.50
    Central Total 122.50 98.50
    Andhra Pradesh 25.50 20.50
    Karnataka 3.60 3.40
    Tamil Nadu 1.10 1.15
    South Total 30.20 25.05
    Others 0.80 0.85
    Total 187.90 161.10
    Plus Loose lint 7.50 7.00
    Grand Total 195.40 168.10
     

  7. rakeshmalik

    rakeshmalik Well-Known Member

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    Top Stories


    Cotton futures end up marginally
    Mumbai - Cotton closed the session with marginal gains amid cautious buying during last intraday trade of the week on the National Commodity and Derivatives Exchange (NCDEX) and the Multi Commodity ...

    02/02 14:32 Cotton lint keeps growing in north

    02/02 15:12 Cotton lint steady in Gujarat

    02/02 10:23 Cotton futures notice mixed trend

    02/02 09:42 ICE cotton higher on grains in rangeboun...
     
  8. yatishjain

    yatishjain Member

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    can some one suggest the buy price and target??
     
  9. rakeshmalik

    rakeshmalik Well-Known Member

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    you can buy at present rates @ sell any time after march with huge profit.God is great.........
     
  10. rakeshmalik

    rakeshmalik Well-Known Member

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    buy mech1 29 mm at 20800/- per candy & sell over 22500/- per candy hope so.... God bless.......
     
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