July-15 is at: 63.29
Dec-15 is at: 63.64
Cotlook ‘A’ Index is at: 71.55
Today, the trading platform TheSeam.com reported an average cash price of approximately: 61.52.
On July, that puts the average basis at approximately: -177 points.
Cash prices are averaging approximately 10.01 cents over loan value.
Stocks and Sales
(Vietnam was the big buyer at 11,200.)
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: 9,171 (Contracts)
- Short: 118,549
- Long: 55,029
- Short: 4,342
- Long: 68,704
- Short: 19,843
- Long: 16,332
- Short: 11,951
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.