Cotton

[rakeshmalik]

nybot march +67 may +77

 

[rakeshmalik]

Commodity Futures Price Quotes For
NYBOT Cotton #2















Month
Click for chart Session Pr.Day Options
Open High Low Last Time Sett Chg Vol Sett OpInt
Mar 08 68.50 68.80 68.50 68.80 Feb 06, 11:04 - 0.70 14514 68.10 106111 Call Put
May 08 70.40 70.70 70.40 70.70 Feb 06, 10:30 - 0.77 4743 69.93 63463 Call Put
Jul 08 72.35 72.35 72.35 72.35 Feb 06, 10:52 - 0.57 1245 71.78 35079 Call Put
Oct 08 - - - 74.36 * Feb 05, 15:13 - - - 74.36 1636 Call Put
Dec 08 77.01 77.50 77.01 77.50 Feb 06, 10:35 - 0.92 2165 76.58 66659 Call Put
Mar 09 - - - 78.91 * Feb 05, 15:13 - - 177 78.91 2846 Call Put
May 09 - - - 79.88 * Feb 05, 15:13 - - 60 79.88 317 Call Put
Jul 09 - - - 81.16 * Feb 05, 15:13 - - - 81.16 146 Call Put
Oct 09 - - - 81.70 * Feb 05, 15:13 - - - 81.70 - Call Put
Dec 09 - - - 81.61 * Feb 05, 15:13 - - 11 81.61 1433 Call Put
Mar 10 - - - 84.40 * Feb 05, 15:13 - - - 84.40 34 Call Put
May 10 - - - 84.90 * Feb 05, 15:13 -

 

[rakeshmalik]

nybot +137 march

 

[rakeshmalik]

nybot close + 57march +63 may.

 

[rakeshmalik]

Cotton futures trade mixed
Mumbai - After showing some positive signs in the previous session, cotton was seen suffering from weakness amid directionless trade during initial hours on both the domestic exchanges Thursday

 

[rakeshmalik]

Cautious buying by mills on cotton market
RECORDER REPORT
KARACHI (February 08 2008): Cautious buying by mills on the cotton market on Thursday helped the prices to keep at a certain level, which no doubt matching with the psychological level of buyers, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged by at Rs 3150, they said.

In the ready business, trading was seen between Rs 3075 and Rs 3300, they said. Phutti prices in Sindh were at Rs 1350-1450 and in Punjab, the rates were between Rs 1450-1550, they added.

According to the market sources, sporadic buying by the spinners discouraged the ginners to increase the asking prices, instead, they are keen to sell the unsold stock with them after giving up an idea to sell them at the higher rates.

Since the reports started reaching market regarding short crop, the damage to production after the mealy bug attacks and heavy rains in the cotton growing areas, the rates started moving up with gradual pace, so the mills have stopped cotton buying in a big way, leading cotton analysts said.

The New York cotton futures were up on Wednesday as the ICE Futures' open-outcry March cotton contract rose 0.57 cent to end at 68.67 cents per lb, moving from 68.50 to 69.90 cents. May cotton added 0.63 to 70.56 cents and the new-crop December cotton contract cent up 0.46 cent to 77.04 cents. ICE March electronic cotton futures was up 0.50 cent at 68.60 cents at 3:11 pm EST (2011 GMT), moving from 68.10 to 68.89 cents.

THE FOLLOWING DEALS WERE REPORTED: 200 bales of cotton from Sanghar sold at Rs 3100, 2400 bales from Sadiqabad at Rs 3300 and 2000 bales from Rahim Yar Khan at Rs 3075-3100, they said.

===========================================================
The KCA Official Spot Rate for Local Dealings in Pak Rupees
-----------------------------------------------------------
FOR BASE GRADE 3 STAPLE LENGTH 1-1/32"
MICRONAIRE VALUE BETWEEN 3.8 TO 4.9 NCL
===========================================================
Rate Ex-Gin Upcountry Spot Rate Ex-Karachi
for Price Sales Tax @ 15%
===========================================================
37.32 Kgs 3150.00 50 3200.00
Equivalent-------------------------------------------------
40 Kgs 3376.00 50 3426.00
===========================================================

 

[rakeshmalik]

15 January 2008 - Spun yarn prices are mixed in January in India with cotton yarns now rising, after experiencing some fall in November-December. By contrast, polyester-cotton yarns and 100% polyester spun yarns were mostly stable while polyester-viscose yarns were falling, our India Correspondent reports. Spun yarn production continues rising, in addition.

 

[rakeshmalik]

Cotton lint unchanged in west India
Mumbai - Cotton lint traded firm amid slow arrivals and average demand from south Indian millers at the spot markets across western India Friday. Traders are expecting a decline in prices soon.

 

[rakeshmalik]

Cotlook headlines:

Spanish planting outlook (10:32 GMT 8th Feb, 2008)
Australian weather update (10:30 GMT 8th Feb, 2008)
Sales slow on The Seam (22:09 GMT 7th Feb, 2008)
New York cotton futures settle lower (20:10 GMT 7th Feb, 2008)
Cotton futures lower early in New York trade (17:32 GMT 7th Feb, 2008)
Open weather rules across US cotton belt (17:18 GMT 7th Feb, 2008)
US Export Sales - in detail (13:41 GMT 7th Feb, 2008)
US Export Sales - in brief (13:31 GMT 7th Feb, 2008)
Trading activity remains sluggish in Pakistan (12:18 GMT 7th Feb, 2008)
Sudan reports successful tender (11:21 GMT 7th Feb, 2008)
Ban on Uzbek cotton widens in Bangladesh (10:14 GMT

 

[rakeshmalik]

02/08 07:54 CST U.S. cotton exports hit by slower world growth-USDA
2-8-2008 08:54 U.S. cotton exports hit by slower world growth-USDA

WASHINGTON, Feb 8 (Reuters) - Slowing world growth, particularly in
China, is hitting international cotton demand and will lead to lower U.S.
exports and higher ending stocks, the U.S. Department of Agriculture said
Friday in its latest crop report.






USDA cut its U.S. cotton export forecast for 2007/08 to 15.7 million
bales from 16 million bales in the previous month's estimate. Some traders
had expected exports recast to be as low as 14 million bales as concern
mounted over an economic downturn in a number of countries.
USDA increased its estimate for U.S. ending stocks for 2007/08 to 8.2
million bales from 7.9 million bales. Meanwhile, its projection of world
ending stocks also rose, to 57.33 million bales from 54.75 million in its
January forecast.
USDA said U.S. production and domestic mill usage estimates were
unchanged, but the export outlook was hurt, mainly by slowing demand in
China.
"World production is raised about 1.0 million bales, as increases for
China, Pakistan, and Brazil are partially offset by decreases for India and
others," USDA said.
It said China's consumption estimate is reduced by 1 million bales as
"anecdotal" reports of credit woes and rising yarn inventories were
corroborated by slower growth.