*GUJCOT TRADE ASSOCIATION*
WEEKLY REPORT 05-SEP-2020
*Market Movement from 31st Aug 2020 to 05th Sep 2020*
• This week was volatile and bull dominated week. NY December Future was able to cross 66 cents psychological level and made double top on 66.44 cents, but was not able to sustain and close over 66 cents. Weaker dollar and spec buying pulled NY futures but ultimately week ended with win-win at 64.99 Cents losing 9 point a week.
• U.S. Export Sales and shipment was good. Big quantity of shipment to China.
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