15:11 EDT - Cotton rallied to a 1-month high settlement as traders covered short positions, eyeing ICE warehouse stocks, which have hit 17-year lows. "It is a bullish factor, but it's been a bullish factor" for several weeks, INTL FCStone's Andy Ryan says of the low stocks. He says rumors that China made another big purchase of US cotton are compounding the short-term supply concerns in the market, sending futures higher today. ICE cotton for Dec delivery settled 3.5% higher at 74.86c/lb., a high since Sept 14.
DJ MARKET TALK: Near-Term Supply Concerns Send Cotton Up 3.5%
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.
