DJ MARKET TALK: Cotton Ticks Up As Rollover to May Continues

DJ MARKET TALK: Cotton Ticks Up As Rollover to May Continues

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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.

Feb 14, 2012 (Dow Jones Commodities News via Comtex) -- 3:54 (Dow Jones) Cotton edged up despite a stronger dollar and weak outside markets as traders continue to roll out of the March contract and into the May. "March is kind of getting to be a little bit irrelevant," says INTL FCStone senior analyst Andy Ryan. He expects prices for March to remain in the 90-94c/lb. range. May, on the other hand, should trade slightly higher, between 92 and 94c/lb, Ryan says. Cotton for March delivery settled up 0.8% at 92.25c/lb, while the May contract was 0.3% higher at 92.84c/lb.

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