How deep a dip for cotton acreage in 2020? CCI slashes cotton prices to boost sales 18 Jun, 2020, 01.02 PM IST. This has made domestic cotton cheaper than the imported cotton, however, large availability of cotton in the current year and forecast of a big crop ahead has kept the buying subdued. Cotton Market Fundamentals & Price Outlook November 2020. upland spot price quotations spot transactions Volume 103, No. All international benchmark prices increased over the past month. Cotton exports are likely to jump 40% in 2020-21 to 7 million bales, the highest in seven years, as depreciation of the rupee and a rally in global prices have allowed exporters to clinch contracts. 86 staple 34 (1.05 to 1.07), mike 3.5, 3.6 and 4.3 to 4.9, strength 27.0 to 28.9 grams per tex and uniformity 81.0 to 81.9. Page 5 2020-CROP EXTRA LONG STAPLE "ELS" (AMERICAN PIMA) COTTON Schedule of Loan Rates for Eligible Qualities 2020-Crop ELS Cotton Stored in Approved. May 2020 - Oct 2020: 0.200 (13.79 %) Chart. However, the 2020/21 global stocks-to-use ratio is projected to decrease and support modestly higher world cotton prices. That was up 29% mo/mo but 1% below 2019. With producers saddled by anemic prices and the ongoing U.S.-China trade dispute, a cotton cut up to 3 million acres is a possibility. The Cotlook A index was 79.80 cents/lb on the 30th, up 85 points. See the Cotton and Wool Outlook. RECENT PRICE MOVEMENT. Average spot price in US cents per Pound for Upland cotton (color 41, leaf 4, staple 34) As of: Wednesday, December 2, 2020 Source: USDA Market News. The AWP for cotton is 58.63 cents/lb. The NY December futures contract climbed from 67 to as high as 72 cents/lb near the end of October. Cotton Monthly Price - US Dollars per Kilogram. Cotton Price Definitions . Cotton Corporation of India (CCI) has slashed the price of its cotton to promote sales. Free intra-day Cotton #2 Futures Prices / Cotton #2 Quotes. Despite this decline, world cotton production remains above mill use, resulting in rising 2020/21 ending stocks to the second highest on record at 101.4 million bales. Range. 2020 Loan Warehouses in all Locations. Robinson said the projection likely means a 7.2 million-bale surplus carryover from 2020, which translates into high supplies and bearish cotton prices for the foreseeable future. through Thursday. Cotton stocks also climbed 27% on the month to 1,714 RBs. 6m 1y 5y 10y 15y 20y 25y 30y. More recently, prices eased back to 70 cents/lb. Cotton Market Report and Price Trend COTTON Highlights from 09 Nov,2020 - 20 Nov,2020 Cotton prices increased in the global market stimulated by the latest news about the COVID-19 vaccine. Cotton Price Forecast (per pound) and Prognosis Data for 2020 . Cotton sales on the online cotton trading platform The Seam were 6,040 bales for an average gross price of 65.82 cents/lb. 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