PRICE REPORT

GUJCOT TRADE ASSOCIATION WEEKLY REPORT 25-JULY-2020

Published: July 28, 2020
Author: TEXTILE VALUE CHAIN
*Market Movement from 20th Jul 2020 to 25th Jul 2020*
• NY December gave up 184 points W/W. Till Thursday market remained almost flat but on Friday Dec future gave up 182 points amid rising political tension between U.S. and China.
• U.S. Export sales were very much disappointing as at higher rate there is no buying for U.S. cotton. Competition from other origins like Brazil and India restrict US cotton demand. Shipment is satisfactory and will reach USDA target of 15M bales.
*Read Full Report in PDF*

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