Cotton Price Forecast Report - March 2017
 

After the successful launch and positive market response for the Forecast Reports for Nylon and Polyester Chains, YnFx.com has decided to foray into forecasting the Global Cotton Markets, taking into consideration the growing demand for Market Intelligence for Cotton. These are crisp and precise reports, providing the price forecast for the immediate month and tentative estimates for the quarter and for the year-end. It provides description of the actual trends in the closing month and most likely prices for the ensuing month.

The reports are released on every 7th of the month and is a must read for producers and suppliers for taking strategic decisions of buying, selling or holding. It is also of significance use to consulting companies, financial institutions, analysts, decision makers, strategic sourcing companies, market research analysts and core industry players.
 

 
HIGHLIGHTS  

In China, government intervention will continue to influence the market. With Xinjiang producing 80-85% of China‘s cotton, preferential policies for cotton growing in the province and subsidies for transport will continue. Recent reports indicate spinning capacity in the province stands at 15 -million spindles with a goal of reaching 23 million spindles by 2020. In India cotton prices (Shankar-6) will sober in March as production is above last year’s level. Demonetisation had disrupted the normal flow of cotton late in 2016. This should prove to be the case again to help tide the cotton market through to August - a key month for Southern Hemisphere supplies.
 
 

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