Cotton market ran out of steam after US weekly export sales dropped by a third. The US government data raised fears among investors that the recent stronger demand from abroad, particularly from top China, was waning. The most-active March contract on ICE Futures US settled up US cent 1.30 over the week. 

The Cotlook A index also inched up US cents 1.15 while the China Cotton Index was up 62 Yuan a ton. Indian cotton prices gained Rs 200 a candy on export demand. Moreover, arrivals declined in Gujarat due to election time in the State. Until mid week, cotton arrivals across the country were at 56.30 lakh bales, 17% of the targeted arrival of 334 lakh bales for the 2012-13 marketing season. In Pakistan, the Karachi Cotton Exchange kept the spot rate unchanged for the week