EU carbon dioxide allowances crashed to a nine-month low Friday, as speculators unwound long positions ahead of data due next week and expected to signal weak demand, traders said. EU Allowance futures contracts for December 2014 delivery ...
NY futures resumed their uptrend this week, as May rallied 380 points to close at 91.61 cents, while December gained 171 points to close at 79.55 cents. After meandering sideways for the past six weeks, unable to generate much ...
Tags: Cotton Futures, Cotton market, Textile
Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery. Bitcoin began as a means of payment but quickly ...
Tags: Bitcoin, Digital Currency, Speculators
The NYMEX April natural gas futures contract fell 4.4 cents to settle at $4.618/MMBtu Friday after a day of largely directionless trade and consolidation, sources said. "We continue to consolidate above $4.50[/MMBtu]," TFS Energy Futures ...
Tags: Natural Gas, futures contract, Mineral
China reported robust exports for January, but assessing the nation’s true economic strength is no easy task. The Lunar New Year holidays that began at the end of January apparently created an export surgeA transient variation in the ...
Tags: Export Data, economic strength
DES MOINES, Iowa (Agriculture.com)--Closing lower Wednesday, the CME Group soybean market is giving back recent gains. Corn and wheat finished mixed. The March corn futures contract closed 1 1/4 cents higher at $4.26. The March soybean ...
Tags: Soybean, USDA, crop-weather, NYMEX
Ever since reclaiming the 82 cents level about a month ago, the market has gone nowhere, closing the last 20 sessions in a very tight range of just 242 points, between 82.24 and 84.66 cents. The changes in the CFTC spec/hedge report tell ...
Tags: Cotton Futures, Textile
The market tested and successfully held the important 82 cents support level when it briefly dipped to an intra-day low of 81.42 cents on December 23rd. By holding support the market managed to attract additional spec buying, which prompted ...
Tags: Cotton Futures, Holiday Period, Cotton
Twenty-five sessions and counting! That's how long the March contract has been confined to this extremely narrow range of just 212 points, closing no lower than 77.23 cents and no higher than 79.35 cents since October 31st. We probably ...
Tags: cotton, trading opportunity, hedge funds, future, trading range
The market has been flat-lined in November, with the March contract closing the last 20 sessions in an extremely tight range of less than 200 points, between 77.23 and 79.19 cents/lb. One of the reasons for this anemic market is that ...
After the December contract had closed lower in 19 out of 23 sessions between October 4 and November 5, losing over 1200 points in the process, a bounce was long overdue. However, even though it felt good to finally see the market up on ...
Tags: NY Cotton Futures, Textile
When tropical storm “Karen’ and typhoon ‘Fitow’ failed to deliver the expected punch to cotton areas in the US and China over the weekend, the market quickly relinquished some of its weather premium when trading ...
Tags: NY Cotton
The futures market cooled off further this week, as speculators and the trade continued to reduce their respective positions in the December contract. The spot month has now lost over 46’000 contracts in open interest since it peaked ...
Tags: Cotton Futures, Textile
After the December contract had reached a high of 93.72 cents last Friday, followed by another attempt to a high of 93.54 cents on Monday, the ferocious rally that took the spot month nearly 900 points higher over the course of just nine ...
GM corn hoax hits Mexico Alfalfa acreage increase predicted US cotton producers share latest crop findings Pitting farmers against farmers is just one of the negative consequences of U.S. policy that mandates that gasoline be blended with ...
Tags: Agriculture, Food, GM corn, cotton