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COTTON GURU
127 followers -
Tradition of Trust
Tradition of Trust

127 followers
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Gamechangers: Govt(MSP, Trade wars), Nature(World Weather) and Demand(China):

We foresee ICE futures crossing 1USD during 2019. Weather and demand wil factor the rise supported by strong technicals.
In India ending stocks will be uncomfortably low by end of cotton season 2017-18 and the new MSP and domestic demand will continue to support the bullish trend of Indian cotton prices. The days of 'Discount Sale' of Indian cotton may well be over. The textile industry will have to think in terms of Value rather than Price. Innovation and value addition is the need of the hour.

Unless... the Game changers have other thoughts!

COTTONGURU® Bureau
www.cottonguru.org
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