Barchart: Cotton Holds onto Tuesday Gains
Barchart: Cotton Holds onto Tuesday Gains

Barchart: Cotton Holds onto Tuesday Gains

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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 closed out the Tuesday session with contracts up 40 to 58 points on the day. The outside factors were mixed. Crude oil futures were up $1.09/barrel on the day, with the US dollar index $0.360 higher. 

The National Cotton Council released their annual spring cotton planting survey, showing inventions for 9.6 million acres of cotton this year, down 14.5% from last year.

The Cotlook A Index was up another 25 points on February 14 at 78.80 cents/lb. The Seam reported 2,759 bales of online sales on Monday at an average price of 61.20 cents/lb. ICE cotton stocks were steady again on 2/14 at 218 bales of certified stocks. The USDA raised their Adjusted World Price (AWP) by 81 points at 53.99 cents/lb last Thursday afternoon.

Mar 25 Cotton  closed at 67.51, up 40 points,

May 25 Cotton  closed at 68.82, up 51 points,

Jul 25 Cotton  closed at 69.69, up 58 points

Πηγή: barchart.com

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