DTN Cotton Close: 2-Sided Trading Is the Order of the Day
DTN Cotton Close: 2-Sided Trading Is the Order of the Day

DTN Cotton Close: 2-Sided Trading Is the Order of the Day

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Το περιεχόμενο του άρθρου δεν είναι διαθέσιμο στη γλώσσα που έχετε επιλέξει και ως εκ τούτου το εμφανίζουμε στην αυθεντική του εκδοχή. Μπορείτε να χρησιμοποιήσετε την υπηρεσία Google Translate για να το μεταφράσετε.

The cotton market see-sawed in a laborious up-on-the-day and down-on-the-day trade.

The market is in need of new motivating news. One such event may be Thursday’s weekly sales and exports report at 8:30 AM eastern.

As the 2017-18 season winds down to its July 31 conclusion, the trade will be watching whether USDA’s original export expectations will eventually be achieved. Currently, that business is running ahead of last year’s pace. However, there can be the rolling forward of unfulfilled business from one season to another. It all depends on the demand outlook.

For the 2018-19 season, it is hoped China will show up as a net buyer as opposed to cancelling any previous business.

Wednesday’s estimated volume was a meager 12,700 contracts

Πηγή: Agfax

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