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Domestic

Last 5 days trades (Domestic) Cotton Prices


62000 360
60000 355
58000 350
56000 345
340
INR / Candy

INR / 20 Kg
54000
335
52000
330
50000
325
48000 320
46000 315
44000 310
42000 305
40000 300
04-02-11 07-02-11 08-02-11 09-02-11 10-02-11
Rajkot Botad Mahuva Ahm edabad Cotton Seed (Saurashtra)

Region Units 04-02-11 07-02-11 08-02-11 09-02-11 10-02-11


Rajkot INR/Candy 52800 54000 56000 57500 60000
Botad INR/Candy 52500 54000 56000 57000 60000
Mahuva INR/Candy 52700 53500 56000 58000 60000
Ahmedabad INR/Candy 52500 53500 56000 57000 60000
Cotton Seed (Saurashtra) INR/20Kg 311 325 325 345 355

Surendranagar Cotton Exchange Prices

Region 09-02-11 10-02-11 Region 09-02-11 10-02-11


Anjar 56500 59000/60000 Anjar 345 355
Shankar-6 Harij 56000 59000/500 Babra 338/340 350
Bales Kadi 55800/56000 60000/500 Gondal 342/345 355
(INR/Candy) Vijapur 56000/56500 59000/60000 Harij 340 355/60
Viramgam 56000 58000/500 Cotton Seed Jasdan 338/340 350
Kalyan (V-797) Harij 45000 47500 (Shankar - 6) Kadi 340 358/60
Bales (INR/20Kg) Morbi 345/347 357
(INR/Candy) Viramgam 44000 47000 Rajkot 342/345 355
Andhra Pradesh 1425/1650 1450/1680 Tankara 345/347 357
Karnataka 1470/1600 1480/1620 Vijapur 325/335 335/45
Cotton Seed
Maharashtra 1420/1650 1450/1680 Viramgam 330/335 350
(INR/100Kg)
Madhya Pradesh 1420/1650 1500/1700 Kalyan (V-797) Harij 415 425
North India 1680/1760 1700/1800 Cotton Seed
(INR/20Kg) Viramgam 420 425

Friday, February 11, 2011


Cotton Yarn Country Domestic Prices

Mumbai, India Karachi, Pakistan Shengze, China


Counts INR/kg Counts INR/kg Counts PKR/kg Counts RMB/kg
10/1 (KW) 216.00 10/1 (CW) 230.00 10/1 (KW) 389.87 10/1 (KW) 29.40
16/1 (KW) 220.00 16/1 (CW) 234.00 12/1 (KW) 394.27 13/1 (KW) 29.60
20/1 (KW) 226.00 20/1 (CW) 240.00 16/1 (KW) 407.49 16/1 (KW) 30.20
24/1 (KW) 230.00 24/1 (CW) 244.00 20/1 (KW) 418.50 20/1 (KW) 30.60
26/1 (KW) 232.00 26/1 (CW) 246.00 24/1 (KW) 433.92 30/1 (KW) 31.50
30/1 (KW) 236.00 30/1 (CW) 250.00 30/1 (KW) 455.95 20/1 (CW) 35.50
34/1 (KW) 244.00 34/1 (CW) 258.00 20/1 (CW) 455.95 32/1 (CW) 37.00
40/1 (KW) 255.00 40/1 (CW) 270.00 30/1 (CW) 500.00 40/1 (CW) 38.40
40/1 (CW) 544.05 60/1 (CW) 41.60
(KW = Karded Woven Yarn, CW = Combed Woven Yarn, 1 US$ = 45.73 INR, 84.87 PKR, 6.59 RMB)

Updates from India: Continuous hike in N Y Cotton Future market and higher demand supported the prices to
break all previous records and knock the level of 60000 INR/Candy. Total cotton arrivals were 116000 bales
which were region wise as follows- North India: 11500 bales, Gujarat: 45000 bales, Maharashtra: 25000 bales,
Madhya Pradesh: 5000 bales, Andhra Pradesh: 20000 bales, Karnataka: 8000 bales and rest of India: 1500
bales. In Mumbai (Maharashtra) market, different staple length’s and diverse micron’s cotton prices were range
bound. Cotton of staple length 23mm and smaller than was suggested in price between 47000 INR/Candy to
49800 INR/Candy, cotton of staple length 24mm to 28mm was offered in price series 52000 INR/Candy to
59000 INR/Candy, even as cotton of staple length 29mm and greater than was recommended in price string
60000 INR/Candy to 87000 INR/Candy.

Updates from Pakistan: Despite of higher prices prevailing in the market buyers continued fresh buying
presuming that prices may go up from this level but will not go down in short term in situation of continuous price
hike in International cotton market and short crop condition. The Karachi Cotton Association (KCA) official cotton
spot rate was sturdy at 11500 PKR/37.324Kg. As per the latest information assembled by fibre2fashion, almost
10000 bales of cotton transacted in price vary 10500 PKR/37.324Kg to 12000 PKR/37.324Kg.

Updates from China: In China National Cotton Exchange's (CNCE’s) e-market, total 16860 tons cotton
transacted which were 1680 tons lesser in quantity compared to the previous day’s dealt cotton. Open interest
was 111100 tons, 4240 tons more in difference to previous day’s open interest.

Updates from U.S.: U.S cotton future market continued to move forward. Both March and May cotton prices
hiked up by same figure 7.00 cents/pound and settled at 187.58 cents/pound and 184.98 cents/pound,
respectively. This higher level closing sets the stage for firm to higher level opening for tomorrow. Stockiests
were signifying the viewpoint of lower prices in short term.

Friday, February 11, 2011


International Updates

Cotlook Index

Cotlook Indices Cents/Pound Difference


A - Index 209.75 4.30
Forward A - Index 145.05 4.20

U.S. Updates

USDA Cotton

Market Low High Futures Today


Bales
Name Price Price Plan Price
SOUTHEAST 181.58 183.08 192 Mar-11 187.58
NORTH DELTA 181.08 182.58 0 May-11 184.98
SOUTH DELTA 181.08 182.58 75 Jul-11 179.47
EAST TX-OK 177.00 181.25 3058 Oct-11 150.95
WEST TEXAS 176.50 181.25 2358 Dec-11 131.50
DESERT SW 180.58 186.58 0 Mar-12 124.28
S J VALLEY 181.58 189.83 0 May-12 116.78

ICE U.S. Futures Daily Cotton Market

Open High Low Close Previous Settle Change


Contract
Price Price Price Price Price Price Price
Mar-11 183.60 187.58 183.00 187.58 180.58 187.58 7.00
May-11 180.88 184.98 179.44 184.98 177.98 184.98 7.00
Jul-11 175.00 179.47 173.82 179.47 172.47 179.47 7.00
Oct-11 146.50 150.99 146.50 150.99 144.00 150.95 6.95
Dec-11 125.50 131.55 125.50 131.55 124.55 131.50 6.95
Mar-12 118.50 124.50 118.50 123.50 117.56 124.28 6.72

Brazil Updates

CEPEA/ESALQ Cotton Index

At sight 8 days 15 Days 30 Days


R$/lbs Diff. US$/lbs Diff. R$/lbs Diff. R$/lbs R$/lbs
379.21 0.86% 226.93 0.25% 381.82 0.86% 384.18 389.29

Friday, February 11, 2011


India Updates

CCI Domestic Prices

Variety Staple
Branch Micro Rate
Grade Length
AKOLA H-4 SUP MOD 28.0 3.3 - 4.3 63400
BHILWARA H-4 SUP MOD 28.0 3.5 - 4.3 63500
SRIGANGANAGAR J-34 SG SUP 25.0 3.8 - 4.8 61400
SRIGANGANAGAR J-34 DR SUP 25.5 3.8 - 4.8 61700
SRIGANGANAGAR J-34 SG SPL 26.5 3.8 - 4.8 61700

NCDEX Prices

Previous Quantity Traded


Expiry Opening High Low Closing No of Open
Closing Traded Value
Date Price Price Price Price Trades Interest
Price Today in lacs
Symbol : KAPASSRNR, Commodity : KAPAS, Ex-basis delivery centre : SURENDRANAGAR,
Price unit : Rs./20KG, Measure : LOT
28-Feb-11 1067.6 0 0 0 1110.4 0 0 0 8
31-Mar-11 1109 0 0 0 1153.4 0 0 0 2
29-Apr-11 1158.7 1193.5 1205.1 1193.5 1205.1 742 246 1785.82 5572

Pakistan Updates

Pakistan Spot Rate

Ex-Gin Up Country Spot Rate


Product Rate For
Price Sales Karachi
Cotton 37.324 Kgs 11,500.00 120 11,620.00
Equivalent 40 Kgs 12,325.00 120 12,445.00

China Updates

China Cotton Index

Type RMB/Ton Difference


328 28839 53
527 26400 35
229 29760 97

Friday, February 11, 2011


CZCE Cotton Index

Last Net Today's High Low Previous


Product
Price Change Open Price Price Price Settled Price
CF103 32635 215 32680 32870 32525 32420
CF105 33085 320 33130 33260 32885 32765
CF107 33430 250 33570 33590 33310 33180
CF109 33650 320 33680 33865 33420 33330
CF111 30750 670 30475 31085 30310 30080
CF201 29640 1220 28850 29980 28850 28420

Top News:

Cotton prices surge 16% in eight days – India Ministry. However, these rising prices have upset
the calculations of these exporters, who had
With each passing day, raw cotton prices in India booked orders in late December or early January at
are creating new milestones and the pace with a time when prices were lower.
which it has increased in the last few days as left - Fibre2fashion News Desk - India
everyone across the cotton textile value chain
breathless, except the farmers who are laughing all
the way to the bank.

Yesterday, raw cotton prices of the Shankar – 6


variety in the Gujarat market were hovering
between Rs 57000-58,000 per candy (One candy =
356 kg) against Rs 50,000-50,500 per candy on
February 1. In effect, in a space of eight working
days, prices have shot up by a staggering 16 You can advertise here,
percent and also are more than double the prices
prevailing at the same time last year. For more details contact:
preety@fibre2fashion.com
Within the first week of the new Indian cotton
market year 2010-11, prices opened with a big Circulation: 1800 copies every day
bang. On October 4, 2010, Shankar - 6 quality was
quoted at Rs 38,000 per candy, against just Rs
22,800 per candy on the same day in 2009, up by National Cotton Council names 2011 Directors –
more than an astounding 66 percent. USA

The cotton farmers who had been at the receiving The National Cotton Council directors for 2011 were
end all these years due to unremunerative prices, announced at the NCC’s annual meeting held on
are upping the ante, by holding on to their produce, February 4-6.
which in turn is further fuelling a already bullish
market, as buyers who include spinners and Elected to the NCC Board during segment
exporters are becoming more frantic, to corner caucuses were:
stocks, before prices become more dearer.
Producers – Frank B. Rogers, III, Bennettsville,
Experts are attributing the surge in prices to the SC; Laudies D. Brantley, Jr., England, AR; Michael
demand from exporters who are supposed to D. Alexander, Colorado City, TX; James F. Dodson,
physically ship the quota allotted to them by Robstown, TX.; and Donald J. Cameron, Helm, CA.
February 25 as per the directions of the Commerce

Friday, February 11, 2011


Ginners – Richard J. Lindsey, Centre, AL.; Kent possibilities to cover the transition to the new
Fountain, Surrency, GA.; Richard Kelley, Burlison, season.
TN.; Lee Tiller, Odem, TX.; and Dwayne T. Alford,
Yuma, AZ. Contracts were reported for medium staple as
follows: Central Asian for deliveries prompt and 2nd
Warehousers – Charlie Jackson, Memphis, TN.; quarter 2011. West African for delivery in the 2nd
Ron Harkey, Lubbock, TX.; Robert Snodgrass, and 3rd quarter 2011 as well as for 1st quarter 2012.
Taylor, TX.; Robert J. Crume, Bakersfield, CA.; and Brazil for 4th quarter 2011. USA MOT for 1st
Dane Jones, Bakersfield, CA. quarter 2012.

Merchants – Richard L. Clark, III, Cordova, TN.; Negotiated were deliveries of Long and Extra Long
Joseph T. Nicosia, Cordova, TN.; T. Jordan Lea, Staple as follows: Israel Acalpi for 4th quarter 2011.
Greenville, SC; Philip R. Bogel, II, Dallas, TX.; and Israel Pima for prompt and 2nd quarter 2011.
Manfred Schiefer, Lubbock, TX. Egyptian Giza 86 und 88 for prompt. US Pima for
2nd quarter 2011 and 1st quarter 2012.
Cottonseed – Brandon Raddatz, Valdosta, GA; J. - Bremen Cotton Exchange
Scott Middleton, Jonestown, MS; Robert L. Lacy,
Lubbock, TX; James C. Massey, Harlingen, TX; and ICAC’s paper describing movements in cotton
Mark E. Howard, Gilbert, AZ. prices at Seminar – USA

Cooperatives – Michael Quinn, Garner, NC; The International Cotton Advisory Committee, in
Sterling P. Jones, Greenwood, MS; Hayne D. cooperation with The World Bank, organized a
Matthews, Oxford, MS; Wallace L. Darneille, seminar on “Cotton Price Volatility: Transparency of
Lubbock, TX; and Jarral Neeper, Bakersfield, CA. Cotton Supply and Use and Trade Policies", on
February 8, 2011 at The World Bank, room MC13-
Manufacturers – Robert H. Chapman III, Inman, 12, 1818 H Street, NW, Washington DC.
SC; W. Malloy Evans, Cheraw, SC; Werner Bieri,
Jefferson, GA; David Hastings, Mauldin, SC; and Fifty-three people representing embassies, U.S.
Owen J. Hodges, III, Columbus, GA. government agencies, the private sector of the
- National Cotton Council of America cotton industry, The World Bank, the European
Union and the FAO participated.
High volatility in cotton market, Bremen CIF –
Germany During our first session of the Seminar, the ICAC
Secretariat presented three papers describing the
After climbing and following sharp decline of the movements in cotton prices this season and the
quotes in New York last week, the quotes reasons for those movements, comparing volatility
recovered with a not common jump up. The Cotlook in cotton prices to volatility in prices of other
A quotes for April to June exceeded the 2 US Dollar commodities, and a paper summarizing the history
limit for a short time. of government efforts to reduce volatility in cotton
and other commodity prices.
The Bremen CIF Index based on quotes for
February to March kept the 2 US Dollar line in the There were also presentations by an economist
reported week. The high volatility within the days from The World Bank and the President of the
and the performance of the quotes at the ICE in American Cotton Shippers Association on
general had confused the market participants and commodity and cotton price movements this season.
hampered the business. Offers from the producing - International Cotton Advisory Committee
countries were continuously limited.
NCC 2011 State Unit Officers named – USA
Prompt deliveries remained interesting to cover
short-term needs. Inquiries of spinning mills were National Cotton Council state unit officers for 2011
most of all concentrated on the coming crops of the were elected at the industry wide organization’s
northern hemisphere and on the search for annual meeting held on February 4-6.

Friday, February 11, 2011


Chairmen, vice-chairmen and secretaries, OKLAHOMA – Randy Squires, producer, Altus;
respectively, of the state units are: Daniel M. Davis, producer, Elk City; and Gary
Conkling, cottonseed, Oklahoma City;
ALABAMA – Walter Corcoran, Jr., producer,
Eufaula; Neal Isbell, producer, Muscle Shoals; and SOUTH CAROLINA – Frank. B. Rogers, III,
Harold Gaines, ginner, Autaugaville; producer, Bennettsville; Roy Baxley, Dillon; and
Levin D. Lynch, ginner, Florence;
ARIZONA –Dan Thelander, ginner, Maricopa;
Russell L. Kuhhenn, ginner, Glendale; and Bill TENNESSEE/KENTUCKY – Jimmy Moody,
Brackett, ginner, Buckeye; producer, Dyersburg, TN; Jason R. Luckey,
producer, Humboldt, TN; and Allen Espey, Jr.,
ARKANSAS – Ramey E. Stiles, Jr., producer, West ginner, Huntingdon, TN;
Helena; Bill L. Ussery, producer, Helena; and
Stewart Weaver, Jr., producer, Edmondson; TEXAS – Doyle K. Schniers, producer, San Angelo;
Barry Street, ginner, Kress; and Rick Willis,
CALIFORNIA – John E. Seiler, producer, Blythe; warehouser, Brownfield; and
Mark C. McKean, producer, Riverdale; and Joseph
Cain, warehouser, Hanford; VIRGINIA – Randy Everett, producer, Stony Creek;
Joseph H. Barlow, Jr., producer, Suffolk; and Jason
FLORIDA - Jerry H. Davis, producer, Jay; B.E. D. Hodges, ginner, Emporia.
Davis, Jr., producer, Cottondale; and Scott Mitchell,
ginner, Donalsonville, GA; The National Cotton Council of America's mission is
to ensure the ability of all U.S. cotton industry
GEORGIA – Ronald C. Lee, Jr., ginner, Bronwood; segments to compete effectively and profitably in
Don E. Dailey, ginner, Dexter; and Werner Bieri, the raw cotton, oilseed and U.S.-manufactured
manufacturer, Jefferson; product markets at home and abroad.
- National Cotton Council of America
KANSAS – Robert H. Miller, producer, Wellington;
Thomas L. Lahey, producer, Moscow; and Gary D. Fairtrade Collective will make a difference – UK
Feist, ginner, Anthony;
The Fairtrade Foundation has teamed up with 14
LOUISIANA – Thomas A. Parker, producer, Lake designers including Julie Verhoeven, Marios
Providence; Ted Schneider, producer, Lake Schwab, Holly Fulton and Hussein Chalayan for
Providence; and Larry K. Sayes, producer, Vick; Puma for Fairtrade Collective to create a bespoke
range of highly desirable, beautifully made scarves
MISSISSIPPI – J. Scott Middleton, Jr., cottonseed, made from Fairtrade certified cotton for influential
Jonestown; Meredith B. Allen, cooperative, fashion e-tailer ASOS.
Greenwood; and Shane Stephens, warehouser,
Greenwood; Fairtrade Collective taps into the next generation of
style leaders and fashion followers with its trend-
MISSOURI/ILLINOIS – A.C. Riley James, producer, inspired designs. Using digital print techniques,
New Madrid, MO; Jeffrey J. Hux, producer, each scarf bears the individual handwriting of the
Sikeston, MO; and Stephen L. Harris, ginner, designer. A combination of established and a new
Senath, MO; generation of talent, the designers have created
individually unique scarves that are on-trend and
NEW MEXICO – Nathan Jurva, producer, Carlsbad; high fashion.
Ramon Alvarez, ginner, Anthony; and Carl Moore,
El Paso, TX; NORTH The scarves, available from ASOS during Fairtrade
Fortnight (28 February – 13 March) and beyond, will
CAROLINA – Gary L. Respess, producer, Pantego; be packaged in beautiful drawstring bags made
Jerry L. Hamill, producer, Enfield; and Shirley from Fairtrade certified cotton using the same fabric
Gibson, ginner, Elm City; and design as the scarf.

Friday, February 11, 2011


‘It's vital to utilise cotton in a modern fashion Fairtrade Fortnight is the Fairtrade Foundation's
through strong design,’ says Holly Fulton ‘Hopefully, annual two-week campaign to build awareness of
projects such as this will encourage that; I certainly products and the challenges faced by farmers in the
look at Fairtrade in a different light now.” developing world.
- Fairtrade Foundation

¾ Click Here to post your Daily Raw Cotton Buying / Selling Trade Offers and for any suggestion and
query write back to us at preety@fibre2fashion.com

Friday, February 11, 2011

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