Date:14-07-2018 - Weekly Worldwide Cotton Market Report

WORLDWIDE COTTON MARKET REPORT
PUBLISHED BY : TUSHAR SHETH, SHANKAR 6 COTTON FIBERS PVT. LIMITED
PHONE: 079 - 29704899 Email : info@cottontradeindia.com
VOL. SCF NO.103 AHMEDABAD, SATURDAY JULY 14, 2018 FREE REPORT
Worldwide Cotton Market Showing Upward Trend inspite of USA Tariff Trade War with China. Recently
WASDE published Monthly Cotton Production, Supply and Ending Stock data and according to latest
estimates Ending Stock being Lower in China since year 2014 and China Consumption will Increase for
2018-19 Season.
In 2018-19 Seaon Worldwide Main Cotton Consumer Country expecting good demand.
INDIAN COTTON MARKET NEWS INTERNATIONAL DEMAND

All India Cotton Market Seen Upward Trend by Indian Cotton Exporters hoping good Demands
1000-1500 Rs. Per candy for All India Cotton from China for upcoming season 2018-19 due
Variety. to huge demand and sufficient Import from
China.
Good Demand for Cotton seen this week from
Domestic Spinning Mills and Exporters this week. International Cotton Price Updates :-
As per Survey All India Cotton Bales Stock COTTON VARIETY SPOT RATES
Estimated at 40-45 Lacs Bales with Ginners, (FOB INDIAN PORT) (USC/LBS)
Spinners, Exporters and MNC.

S6 28.5 MM (1-1/8”) 91.50 USC
Domestic Mills having short supply due to strong
S6 29 MM (1-5/32”) 92.50 USC
holding from Ginners and MNC Companies and
may be there will be shortage for One Month MECH-1 30 MM 93.00 USC
Period in India.
MCU 5 31 MM 93.50 USC
Indian Mills Planning to Import Cotton from

MCU5 32 MM 95.00 USC
Pakistan and West Africa but Due to Price
Disparity Very Less Impor Deals seen in India. DCH 34-35 MM 120.00 USC
Gujarat Cotton 29 mm Quoted at 48500-49000 Forward Trade Updates :

Rs. Per Candy while Buyer Intersted at 47500-
48000 Rs. Per candy Price Level. Multinational Companies and Leading Cotton
Traders Booing New Cotton Crop 2018-19
Very Few Exports Forward Bargin Happened this season as mentioned Below Rates :- (29 mm
Week but After August Month Export Forward Variety)
Trade may Starts from China, Bangladesh, Vietnam
November 2018 : 48000-48500 Rs. /Candy
in Bulk Quantity for November / December 2018
December 2018 : 48500-49000 Rs./Candy
Shipments. January 2019 : 49000-49500 Rs./Candy
This Week is Bullish For Cotton Commodity in
In International Market China Buyer
India as well as Worlwide Market.
demanding at 92 USC /LBS with condition that
cotton should reach before 15th December-18
APPLY CHINA AQSIQ LICENSE TO DO COTTON EXPORTS FROM INDIA

CALL : +91 - 96013 88999 / 81600 36673 VISIT WWW.CHINAAQSIQLICENSE.COM (NO ADVANCE FEES)
IMPORT COTTON DATA FOR INDIA
TOTAL IMPORTS - 669778 COTTON BALES (170 KG.)
(FROM 1ST OCTOBER TO APRIL -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 : 13-07-2018
FOR COTTON HEDGING, WAREHOUSE FINANCE AND EXPERT ADVISE

FOREX CURRENCY MARKET UPDATES

LAST CLOSING DATE : 13-07-2018
FOR CURRENCY BOOKING AND EXPERT ADVISE CONTACT US

ALL INDIA COTTON SOWING UPDATES (STATEWISE)
DATE : 14-07-2018 (Agri. Ministry)
STATE WISE AREA

(IN LAC HECTERES)
Punjab 2.85
Haryana 6.65
Rajasthan 5.61
Gujarat 11.44
Maharashtra 19.57
Madhya Pradesh 4.87
Telangana 12.57
Andhra Pradesh 0.79
Karnataka 2.22
Tamilndau 0.032
Orissa 0.076
Others 0.172
Total Sowing 66.85
Total Cotton Sowing Area Project at 122.35 Lakh Hectares
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
PLANNING TO EXPORT COTTON OR YARN ? CALL US FOR BEST SHIPPING FREIGHTS

CALL : +91- 92272 00704 (TUSHAR SHETH) / 99091 71148 (HARESH BHAI) / 93753 22449 (BHAVESH BHAI)
ALL INDIA WEATHER WARNING
14 July (Day1): Heavy to very heavy rain with extremely heavy falls at isolated places very likely over
Gujarat state; Heavy rain at a few places with very heavy rain at isolated places very likely over Konkan
& Goa; heavy to very heavy rain at isolated places over West Uttar Pradesh, Chhattisgarh, Odisha,
Madhya Maharashtra, Telangana and South Interior Karnataka; heavy rain at a few places over Coastal
Karnataka & Kerala and heavy rain at isolated places over Nagaland, Manipur, Mizoram & Tripura,
Haryana, Chandigarh & Delhi, Himachal Pradesh, Uttarakhand, East Rajasthan, Madhya Pradesh,
Vidarbha and Tamilnadu.
15 July (Day 2): Heavy to very heavy rain at a few places with extremely heavy falls at isolated places
very likely over interior Odisha and Konkan & Goa; Heavy to very heavy rain with extremely heavy falls
at isolated places over Gujarat region; Heavy rain at a few places with very heavy rain at isolated places
very likely over Telangana; heavy to very heavy rain at isolated places over East Madhya Pradesh,
Saurashtra, Vidarbha, Chhattisgarh, Madhya Maharashtra and South Interior Karnataka; heavy rain at a
few places over Coastal Karnataka & Kerala and heavy rain at isolated places over Assam & Meghalaya,
Gangetic West Bengal, West Uttar Pradesh, Nagaland, Manipur, Mizoram & Tripura,
Uttarakhand, East Rajasthan, West Madhya Pradesh, Marathwada, North Interior Karnataka and
Tamilnadu.
very likely over Madhya Maharashtra, Vidarbha and Konkan & Goa; Heavy to very heavy rain with
extremely heavy falls at isolated places over Gujarat region; Heavy rain at a few places with very heavy
rain at isolated places very likely over Coastal Karnataka, Marathwada & Telangana; heavy to very
heavy rain at isolated places over Madhya Pradesh, Saurashtra & Kutch and South Interior
Karnataka and heavy rain at isolated places over Assam & Meghalaya, Odisha, Chhattisgarh, North
Interior Karnataka and Kerala.
likely over Gujarat state and Konkan & Goa; Heavy rain at a few places with very heavy rain at
isolated places likely over Coastal Karnataka; heavy to very heavy rain at isolated places over Madhya
Maharashtra & South Interior Karnataka and heavy rain at isolated places over East
Rajasthan, Madhya Pradesh, Vidarbha, Marathwada and Kerala.
18 July (Day 5): Heavy rain at a few places with very heavy rain at isolated places likely over Konkan &
Goa ; heavy to very heavy rain at isolated places over Gujarat state, Kerala and Coastal & South Interior
Karnataka and heavy rain at isolated places over Madhya Maharashtra.
INTERNATIONAL INDENTING AGENCY FOR COTTON, COTTON YARN AND TEXTILE WASTE
CLEARING, FORWARDING, SHIPPING & LOGISTIC FOR COTTON & YARN

CALL : +91- 92272 00704 (TUSHAR SHETH) / 99091 71148 (HARESH BHAI) / 93753 22449 (BHAVESH BHAI)
WORLDWIDE COTTON MARKET UPDATES

(SOURCE : USDA)
Vietnam is the world’s fastest-growing market for cotton. This strong demand has spurred
opportunities for greater U.S. exports. U.S. market share in Vietnam has grown to more than
half from around a third in only 3 years. Burgeoning imports of U.S. cotton are expected to
underpin Vietnam’s record 2018/19 consumption and to surpass projections for 2017/18
record imports and use. New and existing foreign investment continues to flow into
Vietnam’s spinning mills, due to the country’s low-cost environment relative to Japan and
South Korea. A major contributing factor has been Vietnam’s yarn exports, particularly to the
world’s largest yarn importer – China – which accounts for around half of the country’s yarn
production.
China and other foreign exporters (e.g., India and Pakistan) continue to be displaced as
Vietnam’s yarn exports to China practically quintupled compared with 2012/13, signifying
the expanding link between these countries’ textile industries. Expectations for expanded
trade support record spinning in addition to greater cotton imports, especially those from
the United States.
Vietnam was the leading destination for U.S. cotton exports in 2016/17 (and 2017/18 year-to-
date), as cotton was the most valuable U.S. agricultural export to the country during the
same period, accounting for over 40 percent of total agricultural export value. This has
continued in 2017/18 as evidence by record U.S. exports to Vietnam from August to June.
Vietnam’s prowess as the projected second-largest importer in 2017/18 and 2018/19 has
helped propel 2017/18 U.S. exports even higher this month, reaching the highest level in over
a decade.
FOR LETTER OF CREDIT (LC) DISCOUNTING, PACKING CREDIT (PRE & POST SHIPMENT)
CALL : +91- 92272 00704 (TUSHAR SHETH) / 81600 36673 Tele : +91-79-29704899 / 40307878
GLOBAL TRADE OUTLOOK FOR 2018-19
(SOURCE : USDA)
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
WORLD COTTON SUPPLY, USE AND TRADE UPDATES

(SEASON BEGINNING FROM 1ST AUGUST - SOURCE USDA)
(BALE FIGURES IN 1000 BALES OF 480 LBS)
FOR COTTON BALES, COTTON YARN AND TEXTILE WASTE REQUIREMENT

CALL : +91- 79- 29704899 / 29704899 MOBILE : 092272 00704 / 81600 36674
USA (AMERICA) COTTON MARKET UPDATES
LATEST ICE FUTURE CLOSING PRICE AS OF SATURDAY 13TH JULY 2018
US COTTON PROGRESS REPORT
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

WASDE COTTON SUPPLY ESTIMATES FOR JULY MONTH
The U.S. 2018/19 cotton projections show lower production, exports, and stocks compared with last month.
The 1.0-million-bale decrease in the crop projection is due to higher
expected abandonment based on current conditions. Beginning stocks are 200,000 bales lower due to an
increase in 2017/18 exports. 2018/19 exports are reduced 500,000 bales based on lower supplies and
increased foreign competition. With no change in domestic consumption, 2018/19 ending stocks are
projected at 4.0 million bales, down 700,000 bales from the June estimate and unchanged from the revised
2017/18 level. The midpoint of the projected range of the marketingyear-average price is raised 5 cents
from last month, to 75 cents per pound.
Historical revisions to China’s consumption back to 2014/15 account for most of a 3.3-million-bale decline
in 2018/19 world beginning stocks. World 2018/19 consumption is 1.6 million bales higher than in June, as
the revisions to China’s consumption estimates carry through into the 2018/19 projection year with a 1.0-
million-bale increase. Consumption forecasts are also higher for Bangladesh, Pakistan, Brazil, and Vietnam.
World production is projected 290,000 bales lower than in June, as reduced U.S. and Australian production
more than offsets increases for Brazil, India, and Mexico. World trade is projected 165,000 bales higher this
month as lower U.S. exports are more than offset by increases by Brazil and China. Ending stocks are 5.2
million bales lower than in June, with the largest declines in China (4.6 million) and the United States.
India’s and Brazil’s ending stocks are forecast higher.
U.S. EXPORT WEEKLY SALES REPORT

Net sales of 121,600 running bales for 2017/2018 were up noticeably from the previous week and from the
prior 4-week average. Increases were reported for Vietnam (93,500 RB, including 1,300 RB switched from
China and decreases of 200 RB), Turkey (7,000 RB), China (5,600 RB), Indonesia (4,000 RB, including 500 RB
switched from Japan and 300 RB switched from unknown destinations), and Algeria (3,300 RB). Reductions
were reported for Japan (700 RB) and unknown destinations (300 RB). For 2018/2019, net sales of 251,400
RB reported for Vietnam (126,900 RB), Guatemala (48,400 RB), Mexico (25,400 RB), and South Korea
(15,900 RB), were partially offset by reductions for Honduras (400 RB) and Japan (300 RB).
Exports of 257,400 RB were down 38 percent from the previous week and 34 percent from the prior 4-
week average. The primary destinations were Vietnam (68,700 RB), Turkey (49,400 RB), Indonesia (32,200
RB), China (23,400 RB), and Mexico (18,400 RB). Net sales of Pima totaling 1,900 RB for 2017/2018 were up
82 percent from the previous week, but down 30 percent from the prior 4-week average. Increases were
reported for China (1,700 RB, switched from Hong Kong), Thailand (1,100 RB), Bangladesh (500 RB), and
South Korea (500 RB, switched from Vietnam).
Reductions were for Hong Kong (1,700 RB). For 2018/2019, net sales of 1,900 RB were reported for India
(1,300 RB), China (400 RB), and Egypt (200 RB). Exports of 17,200 RB were up 43 percent from the
previous week and 66 percent from the prior 4-week average.
The primary destinations were China (4,900 RB), India (2,600 RB), Mexico (1,800 RB), Thailand (1,500 RB),
and Turkey (1,300 RB).
U.S. COTTON SUPPLY AND USE
This week USDA releases its monthly Supply/Demand report which will be the last one
before beginning the 2019/19 marketing season. Minor adjustments can be expected this
month; however, the August report will give detailed state by state analysis and the first
meaningful estimate for next season’s crop. In the meantime, we continue to take note of
some poor conditions, particularly in Texas, Oklahoma and North Carolina. Texas is rated at
only 21% good to excellent. Additionally, 42% of the crop is in the category of very poor to
poor. It is also worthy to note that conditions in Oklahoma and North Carolina are
respectively rated 25% and 21% poor or worse. Overall, there is a big difference to last year’s
condition report. Only 41% of total US is in the good to excellent condition, whereas last year
same time conditions were 61% good to excellent. Due to the lingering drought conditions it
is unlikely that conditions in Texas and Oklahoma will show much improvement, as it appears
that it is too late for any moisture to be of much help.
INTERNATIONAL INDENTING AGENCY FOR COTTON , YARN & TEXTILE WASTE

CELL : +91- 92272 00704 / 81600 36673 TELE : +91-79-29704899
WORLD COTTON SUPPLY AND USE
SHANKAR 6 COTTON FIBERS PVT. LIMITED

(STAR EXPORT HOUSE & QUALITY MARK WINNER FOR YEAR 2015, 2016 & 2017)
VISIT OUR WEBSITE AT WWW.SHANKAR6COTTONINDIA.COM

CHINA COTTON MARKET UPDATES
CHINA ZCE FUTURE LATEST SETTLEMENT
China ZCE cotton futures market bounced off the upper end of the 16’000-15’500 support
area (basis most active Jan19 contract) and is currently testing the former support/new
resistance at 16’650. A confirmed break above would set the first key resistance at 17’240 as
the next minimum upside target.
Now that the trade war between the USA and China has started, the market has become
quiet and ZCE seems without clear direction. On the other hand, the RMB has weakened
further making cotton imports more ex-pensive which is another limiting factor to consider
foreign cotton. The release of the SSD quota is further delayed to about mid-September due
to administrative issues. Sales of reserve cotton continue smooth at a pace of about 50% of
the offered volume. Financial constraints force mills to only consider cotton for near by
delivery.
For Weekly Full Detail Report Subscribe Email us at cottontradeindia@gmail.com
Report Published By : Shankar 6 Cotton Fibers Pvt. Limited, Gujarat, India

Date:14-07-2018 - Weekly Worldwide Cotton Market Report

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Date:14-07-2018 - Weekly Worldwide Cotton Market Report

Uploaded by

Copyright:

Available Formats

WORLDWIDE COTTON MARKET REPORT

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

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

INDIAN COTTON MARKET NEWS INTERNATIONAL DEMAND

Spinners, Exporters and MNC.

Indian Mills Planning to Import Cotton from

Gujarat Cotton 29 mm Quoted at 48500-49000 Forward Trade Updates :

APPLY CHINA AQSIQ LICENSE TO DO COTTON EXPORTS FROM INDIA

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

IMPORT COTTON DATA FOR INDIA

TOTAL IMPORTS - 669778 COTTON BALES (170 KG.)

(FROM 1ST OCTOBER TO APRIL -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 : 14-07-2018 (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

PLANNING TO EXPORT COTTON OR YARN ? CALL US FOR BEST SHIPPING FREIGHTS

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

WORLDWIDE COTTON MARKET UPDATES

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

GLOBAL TRADE OUTLOOK FOR 2018-19

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

WORLD COTTON SUPPLY, USE AND TRADE UPDATES

FOR COTTON BALES, COTTON YARN AND TEXTILE WASTE REQUIREMENT

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

USA (AMERICA) COTTON MARKET UPDATES

LATEST ICE FUTURE CLOSING PRICE AS OF SATURDAY 13TH JULY 2018

US COTTON PROGRESS REPORT

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

WASDE COTTON SUPPLY ESTIMATES FOR JULY MONTH

U.S. EXPORT WEEKLY SALES REPORT

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

U.S. COTTON SUPPLY AND USE

INTERNATIONAL INDENTING AGENCY FOR COTTON , YARN & TEXTILE WASTE

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

WORLD COTTON SUPPLY AND USE

SHANKAR 6 COTTON FIBERS PVT. LIMITED

VISIT OUR WEBSITE AT WWW.SHANKAR6COTTONINDIA.COM

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