July-15 is at: 65.22
Dec-15 is at: 65.85
Cotlook ‘A’ Index is at: 71.75
For 2/27/2015, the trading platform TheSeam.com reported an average cash price of: 50.28.
On July, that puts the average basis right at: -1494 points.
Cash prices are averaging 6.38 cents over loan value.
Stocks and Sales
(China was the big buyer at 17,300.)
Current World Balance Sheet (2014/2015)
Current China Balance Sheet (2014/2015)
Imports – Exports: 7.25
Current India Balance Sheet (2014/2015)
Imports – Exports: -3.10
Ending Stocks/Mill Use Ratio: 62.16%
Beginning Stocks: 2.45 (million 480 lb. bales)
Imports – Exports: -10.69
Producer / Merchant
- Long: 18,535 (Contracts)
- Short: 116,801
- Long: 49,276
- Short: 4,534
- Long: 65,934
- Short: 20,219
- Long: 17,773
- Short: 16,911
Cotton Price Model: 74 cents
A regression model, like the one below can give insight into how prices, on average, would react given a change in one or more fundamental supply or demand factors. A proper interpretation of this price model would be:
(*Note: This model does not attempt to forecast the direction or level of cotton prices.)
*This is for informational purposes only, and not a recommendation to buy or sell.