DTN Cotton Close: Lower Amid New Tari...
The cotton market closed about 45 points lower, but not before it traded well over 100 points lower in early morning dealings. Overnight, the Trump Administration announced its willingness to hammer China with an additional $500 billion of import levies, the equivalent of her total export trade to the United States. Immediately, the shock waves [...]
Cleveland: Believe It! Cotton Fundame...
The 1981 hit “Don’t Stop Believin’” had to be penned for cotton growers. Now is the time. Cotton demand is at an historic high, world supplies are headed lower for the fourth consecutive year, high grade supplies are limited, and the consumer has finally realized that the use of polyester and other test tube fibers [...]
Rose on Cotton: Demand Strong – Mid 9...
The bears posted a modest win on the week with the Dec contract giving up 76 points to finish at 87.08. The Dec – Mar spread weakened a bit over the course of the week and is now near flat at 12. Market action this week, or the lack thereof, seemed to be motivated by [...]
PCCA: Cotton Market Weekly
JULY 20, 2018 LOW TRADING VOLUME KEEPS FUTURES IN NARROW RANGE Hot, Dry Conditions Take a Toll Demand for Physical Cotton Remains Strong Volatile Foreign Exchange Rates Affect Pricing Traders Remain Vigilant Cotton futures trading was inactive this week. Daily volumes were the lowest in months, and prices were constrained to a relatively narrow band. December futures [...]
The Cotton Marketing Planner
Cotton Market Update for the Week Ending Friday July 20, 2018 The week ending July 20 saw Dec’18 ICE cotton futures gyrate mostly within an 86.50 to 88.50 cent range. The pattern of rising open interest was relatively static, as were the actual daily settlements. Other fundamental influences this week included decent new crop export sales, [...]