Cotton Summary: November 23, 2017
Majority of Cotton futures contracts traded in the green Wednesday for the last trading session ahead of the Thanksgiving holiday and before first notice day for December deliveries. March ticked up 102 points closing at 71.98 cents with nearby December settling down 16 points closing out at 70.74 cents. Crude Oil prices increased overnight along with Gold, corn and soybeans. Estimated trading volume was 44,058 contracts down from the previous day of 53,607. Talk amongst traders is they are expecting to see good sales numbers again this week in the Export Sales Report.
ICE CLOSINGS AS ON 22.11.2017
Dec'17 (Z17) 70.74 -0.16
Mar'18 (H18) 71.14 +1.00
May'18 (K18) 71.98 +1.02
PSF (Polyester Staple Fiber)
Flat A1 House 32 Road 63
Gulshan 2 Dhaka-1212 Bangladesh
Phone : +88 02-58071027
Fax: +880 2 8834692
URL : www.zedcotco.com
Owner and CEO.
Cell: (+88) 01711 825873
ZedCot Co- a sole-proprietorship raw cotton indenting firm, was founded in 2001. It always has focused the growth of its business around strong long-term relationships with suppliers and customers.
We are in cotton trading business for more than 2 decades with adequate experience, qualification and professionalism to execute smooth business on ethical and fair principles.
ZedCot Co is committed to the promotion of sustainable and traceable raw cotton. We work closely with partners throughout the supply chain to provide risk management solutions and a safe and secure supply of raw material.
We offer a wide array of origins and qualities of raw cotton to suit the needs of our spinning mill partners, both in terms of quality and cost.
Today ZedCot Co represents most of the leading cotton suppliers in the world covering all the growths across the globe. Similarly, our regular buyers also happen to be the most reputed spinners of the country.
With our hard work and sincerity, today ZedCot Co has become a synonym for Class and Quality.