July-15 is at: 65.40
Dec-15 is at: 65.61
Cotlook ‘A’ Index is at: 73.30
For 4/10/2015, the trading platform TheSeam.com reported an average cash price of: 61.34.
On July, that puts the average basis right at: –406 points.
Cash prices are averaging 13.53 cents over loan value.
Stocks and Sales
(Turkey was the big buyer at 9,000.)
Current World Balance Sheet (2014/2015)
Current China Balance Sheet (2014/2015)
Imports – Exports: 7.42
Current India Balance Sheet (2014/2015)
Imports – Exports: –2.80
Ending Stocks/Mill Use Ratio: 60.00%
Beginning Stocks: 2.45 (million 480 lb. bales)
Imports – Exports: -10.69
Producer / Merchant
- Long: 14,181 (Contracts)
- Short: 110,462
- Long: 54,468
- Short: 4,921
- Long: 60,296
- Short: 24,324
- Long: 18,736
- Short: 14,708
April Cotton Price Model: 59.4 cents
A regression model, like the one located here 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 future direction or level of cotton prices.)
*This is for informational purposes only, and not a recommendation to buy or sell.