PRICE REPORT

Gujcot Rate Movement Report Jul-2020.

Published: August 5, 2020

Author: TEXTILE VALUE CHAIN

Monthly Rate Movement Report – Jul 2020

• During the month of July NY Dec Future remained volatile between a big range of 60 to 65 cents. Political tension between US China, Texas weather, WASDE lowered US cotton planting were main events of the July.

• After bullish WASDE on 10th NY Dec closed at 64.31. USDA reduces US planting area estimate and signaled lower crop of US. Also, hot weather in Texas added fuel.

*Read Full Report in PDF*

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