International Cotton Market

07-Feb-2025 09:07 AM

International Cotton Market
★ According to USDA, during the week of January 30, 188,000 roller bales of cotton were booked for export from the USA. Among them, Turkey purchased 50,000 tons, and Pakistan bought 44,000 tons.
★ During the same period, 221,000 roller bales of cotton were shipped from the port, with 58,000 roller bales going to Vietnam and 36,000 roller bales to Pakistan.
~~~~~~~~~~~~~~~
Domestic Cotton Market
★ Despite weaker production in India, cotton prices remain below the MSP (Minimum Support Price).