Cotton: Net sales reductions of 112,400 running bales for 2017/2018 were down noticeably from the previous week and from the prior 4-week average. Increases were reported for China (31,700 RB, including 5,500 RB switched from Vietnam and decreases of 10,700 RB), Turkey (3,200 RB, including decreases of 2,400 RB), Thailand (1,400 RB, including decreases of 600 RB), […]
Released June 18, 2018, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Cotton Planted – Selected States [These 15 States planted 99% of the 2017 cotton acreage] —————————————————————– : Week ending : :———————————–: State : June 17, : June 10, : June 17, : 2013-2017 : 2017 […]
By Dr. O.A. Cleveland After challenging contract price highs during the week, a combination of overbought conditions – coupled with more showers across Texas and the Southwest – trumped the market’s push to higher ground and forced all contracts except July and October below the 90 cent level. Nevertheless, the price uptrend remains in place. However, […]
The Dec contract took it on the chin this week (mostly on Friday), giving up 275 pts to finish at 89.85. The Dec – Mar spread finished near flat, inverted at 9 points. It was a rather large news week for agricultural markets, and especially for cotton. A neutral supply and demand report from the […]
JUNE 15, 2018 COTTON FUTURES PLUNGE ON TARIFF ANNOUNCEMENT, WILL CHINA RETALIATE? Ahead of Tariff News, China Raises Import Quotas by Almost 3.7 Million Bales, But Who Will Benefit? Crop Conditions in Texas and Oklahoma Raise Questions About Southwest Abandonment U.S. Exports Up and Ending Stocks Down as Expected, World Data Has Surprises Prices […]
Cotton Market Update for the Week Ending Friday June 15, 2018 For the week ending June 15, ICE cotton futures gyrated in a sideways pattern until the beginning of Friday’s session. An early two cent drop was followed by more erosion on Friday that saw Dec’18 settle down 311 points at 89.85 cents per pound. […]
Cotton: Net sales of 34,800 running bales for 2017/2018 were up noticeably from the previous week, but down 39 percent from the prior 4-week average. Increases were reported for Vietnam (16,000 RB), Turkey (12,600 RB, including decreases of 3,400 RB), Peru (9,400 RB), Indonesia (5,000 RB, including 700 RB switched from China and 200 RB switched from […]
Released June 11, 2018, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Cotton Planted – Selected States [These 15 States planted 99% of the 2017 cotton acreage] —————————————————————– : Week ending : :———————————–: State : June 10, : June 3, : June 10, : 2013-2017 : 2017 […]
Παπαδογιάννης Γιάννης: Οι ρευστοποιήσεις κερδοσκοπικών κεφαλαίων πίεσαν την αγορά από τα υψηλά της. Στα θεμελιώδη στοιχεία δεν έχουν υπάρξει αλλαγές και εξακολουθούμε να επηρεαζόμαστε κατά κύριο λόγο από τις καιρικές συνθήκες σε βασικές χώρες παραγωγής. Μετά από ένα εύλογο διάστημα απουσίας από τη φυσική αγορά, οι κλώστες τώρα ξεκινούν να επαναδραστηριοποιούνται προσφέροντας στήριξη και στις […]
By Dr. O.A. Cleveland The juice continued to flow into the cotton market, as new contract highs and new high closes were made during the week. Too, it was very satisfying to the bulls as the week ended with the market holding its strength. Most are beginning to realize that world stocks are not at the […]
The ICE Dec contract experienced some weakness through Wednesday of this week before finding its legs to post new contract highs on both Thursday and Friday. Dec would up posting a 24 point weekly gain, although it flirted with the 95.00 level on Friday. The old crop/new crop strengthened noticeably to 234 points. Dec’s recent […]
JUNE 8, 2018 COTTON ON A ROLLER COASTER RIDE, WEATHER CONCERNS MOUNTING Cotton prices performed a major head-fake this week, falling dramatically Monday and Tuesday but reversing in even more dramatic fashion Wednesday and Thursday. July futures bounced off a low of 89.35 cents per pound while December dipped to 88.40 cents before turning back […]
(c) 2017 Thrakika Ekkokistiria
