GUJCOT TRADE ASSOCIATION
WEEKLY REPORT 27-JUNE-2020
Market Movement from 22th Jun 2020 to 27th Jun 2020
• NY July on notice for delivery. So very few July contract stand now. This week NY futures remained volatility to exit from July.
• NY December is now lead month and lost 31 points during the week. It traded in very small range between 59 and 60 cents per pound.
• 40% poor rating of US crop condition supported market sentiment.
