DJ MARKET TALK: Cotton Slips On Lack of Chinese Participation

DJ MARKET TALK: Cotton Slips On Lack of Chinese Participation

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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.

Jan 24, 2012 (Dow Jones Commodities News via Comtex) -- 3:22 (Dow Jones) Cotton futures fall during the second day of the Lunar New Year, as China, the top producer and consumer, takes a week-long break from trading. "It's basically one of the largest declines we've seen since the bull run started down around 85 cents in December," says INTL FCStone senior analyst Andy Ryan. He sees potential for prices to fall back to 96 cents later in the week but still considers the market strong. Until China re-enters, "the market's going to be vulnerable to pull backs like today," Ryan says. March contract on ICE settled down 1.2%, at 98.18 cents/lb.

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