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.