By Dr. O.A. Cleveland The great fundamental that wreaks havoc on any market did just that to the cotton market all week. That ole market adage “When you go to bed with the government, you usually get more than a good night’s sleep” was the primary market factor all week. The market was up 100 to […]
DECEMBER 7, 2018 A VOLATILE WEEK FOR COTTON AND OTHER MARKETS Southwest Harvest Accelerates Ahead of Adverse Weather Grades Show Improvement, but Not Everywhere Export Sales Lower on Cancellations Traders Wait for True Signs of Trade Dispute Resolution More Volatility Next Week? What an incredible week for the markets! Following the apparent favorable outcome of […]
Cotton Market Update for the Week Ending Friday December 7, 2018 The week ending Friday December 7 saw ICE cotton futures take off like a rocket on Monday, then return to earth, trade sideways, gyrate higher/lower/higher, before finally ending pretty much where they started. Fundamental influences included a return to weaker export sales, but not eroding […]
Cotton: Net sales of 94,900 RB for 2018/2019 were down 46 percent from the previous week and 31 percent from the prior 4-week average. Increases were reported for Vietnam (31,900 RB, including 900 RB switched from Taiwan, 200 RB switched from Japan, and decreases of 1,100 RB), Bangladesh (28,300 RB, including decreases of 100 RB), Malaysia (16,700 […]
Οι τιµές συµβολαίων Μαρτίου ‘19 εξακολουθούν να κινούνται εντός στενού εύρους, κυρίως µεταξύ 77-78 σεντς ανά λίµπρα, αδυνατώντας να λάβουν µια σαφή κατεύθυνση. Η πρόσφατη πίεση οφείλεται κυρίως στην ενδυνάµωση του δολαρίου και στην πτώση του πετρελαίου, όχι όµως σε κάποια αλλαγή στα θεµελιώδη. Γιάννης Παπαδογιάννης Οι πρόσφατες πωλήσεις εξαγωγές αµερικανικής σοδειάς ήταν σαφώς βελτιωµένες, […]
The cotton market moved through the December first notice day with little fanfare, as the nearby March futures contract moved to the top of the 75-80 cent trading range. Market fundamentals are bullish from the supply side of the price equation, but overall weak from the consumption side. Despite potential record world consumption, demand factors […]
NOVEMBER 30, 2018 DEMAND IMPROVES, BUT PRICES LITTLE CHANGED Will Trump-Xi Meeting Resolve Trade Dispute? How Do Mid-South and Southeast Grades Compare to Southwest Other Markets Compensate for China’s Cancellations It has been two weeks since our last report, and we hope everyone enjoyed the Thanksgiving holiday. One would think two weeks’ worth of activity […]
Cotton Market Update for the Week Ending Friday November 30, 2018 The week ending Friday November 30 saw ICE cotton futures make a gradual 1.5 cent ascent. Fundamental influences included the second straight weekly report of good export sales which reinvigorated the longstanding bullish picture of export commitments. Ongoing bullish supply fundamentals included an ongoing rainy harvest scenario in the […]
Cotton: Net sales of 176,800 RB for 2018/2019 were down 16 percent from the previous week, but up noticeably from the prior 4-week average. Increases were reported for Vietnam (92,400 RB, including 200 RB switched from Japan), Pakistan (27,800 RB, including decreases of 2,200 RB), India (17,400 RB), Japan (11,400 RB, including 200 RB switched from Thailand […]
Released November 26, 2018, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Cotton Harvested – Selected States [These 15 States harvested 98% of the 2017 cotton acreage] ———————————————————————— : Week ending : :—————————————–: State :November 25, :November 18, :November 25, : 2013-2017 : 2017 : 2018 : […]
Cotton: Net sales of 210,500 RB for 2018/2019–a marketing-year high–were up noticeably from the previous week and from the prior 4-week average. Increases were reported for Vietnam (44,800 RB), including 9,400 RB switched from China, 1,000 RB switched from South Korea, 400 RB switched from Taiwan, and decreases of 1,800 RB), Pakistan (40,200 RB), Turkey (23,600 RB), […]
By Dr. Don Shurley Nearby, new crop March futures now stands at 77 and change. There is clear resistance around 81 cents. What does that mean in everyday language? It means 81 to 82 cents is a hurdle the market has to successfully negotiate if we are to realize something better at some point in our future – like 85 cents. The market […]
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