We are here providing you comprehensive overview of the various factors affecting cotton prices and production during July-September period. Here's a summary of the key points:

1. Cotton Price NY Future Trends: The price of cotton in the NY futures market during July was in the range of 79-84 cents but moved higher to 84-88 cents in the following two months. There were attempts to break the resistance at 88 cents, but failed to sustain due to weaker demand and macroeconomic challenges.
2. WASDE Report: The WASDE (World Agricultural Supply and Demand Estimates) report was considered market-friendly as it indicated a significant drop in U.S. crop production. However, this drop was offset by reduced consumption, resulting in a neutral effect on the world balance sheet.
3. U.S. Export Sales: U.S. cotton export sales were average, but there were significant carry-forward sales, suggesting that export targets might be reached early.
4. China Auction: China's cotton auction started strong but saw lower sales in the later part. Chinese Z.C.E. (Zhengzhou Commodity Exchange) remained relatively bullish compared to ICE (Intercontinental Exchange).
5. Pakistan Production: Pakistan had a higher new crop production, and its cotton rates were competitive.
6. Indian Cotton Market: The Indian cotton market started with low rates in July. July range was between 56,000 to 57,000. But there was a surge in prices in the last two months due to slow arrival and increased demand. Gujcot spot rates ranged from 57,000 to 61,000 Rs per candy.
7. Weather Impact: India faced an extremely dry August, which had a significant impact on cotton crop. However, September brought much-needed rain for crop survival. Some areas in the north reported infection of pink bollworm, potentially reducing the crop compared to initial estimates.
8. Sowing and Monsoon: Overall, Indian cotton sowing was approximately 4% lower compared to the previous year, and the monsoon was relatively uneven.
9. Indian Basis: The Indian cotton basis remained between 400 to 800, with occasional exceptions. High basis levels affected Indian raw cotton exports.
10. Yarn Sales: Yarn sales were sluggish during the quarter.
11. Future Expectations: The conclusion mentioned an expectation of awaiting final figures for the current year's production and predictions for the next year, with hopes for the best.