NY futures had a mixed performance this week, as March dropped 155 points to close at 81.40 cents, while new crop December gained 123 points to close at 82.38 cents. With the trade throwing everything but the kitchen sink at the short ...
Tags: NY, Cotton Futures, Mixed Performance
The battle between spec longs and trade shorts has turned more even this week, as the market yo-yoed back and forth in volatile fashion. After the parabolic move to 84.00 cents last Thursday, the March contract corrected to a low of 80.18 ...
Tags: volatile fashion, cotton futures, NY
The March contract traded to an 8-month intraday high of 78.18 cents, although it settled shy of the 77.98 cents closing high of August 31. Also, while March was able to briefly break above its 8-month sideways range, May, July and December ...
Spot futures are still gravitating towards the 75 cents level and for the past eight sessions the March contract has settled within a very narrow band of less than 100 points,between 74.79 and 75.71 cents/lb. There have been a few ...
Tags: NY futures, cotton, US, vacuum effect, China
Plexus Cotton Limited reported that New York (NY) futures rebounded this week, as March gained 190 points to close at 72.24 cents. With crops in the Northern Hemisphere coming off the field at a rapid pace and with the USDA issuing yet ...
Tags: Plexus Cotton, NY futures, whisper number, exorbitant stockpile
Plexus Cotton Limited reported that New York (NY) futures rebounded this week, as December gained 169 points close at 75.22 cents. A week ago the December contract looked like it was ready to fall apart after it pierced through a 3-month ...
Tags: Cotton Futures, cotton industry, cotton market, rebound
Plexus Cotton Limited reported that New York (NY) futures have trended lower this week, as December fell by 369 points to close at 71.53 cents. With harvest in the Northern Hemisphere gaining momentum, the market finally came under some ...
Tags: cotton futures, cotton, cotton market, cotton industry
Plexus Cotton Limited reported that New York (NY) futures continued to slip since our last report on October 25, as December dropped another 347 points to close at 69.26 cents. The December contract has basically been flatlined near the ...
Tags: cotton futures, cotton market, cotton industry, cotton
Plexus Cotton Limited reported that New York (NY) futures dropped back to reality this week, as December fell 499 points to close at 72.73 cents. As anticipated the market was unable to sustain last week's upside momentum and started to ...
Tags: Plexus Cotton Limited, cotton, US cotton, textile
Plexus Cotton Limited reported that New York (NY) futures came under light pressure this week, as December dropped 138 points to close at 70.71 cents. The market is a bit of an enigma at the moment, because there seems to be a disconnect ...
Tags: Plexus Cotton, light pressure, perception and reality, negative outlook
Plexus Cotton Limited reported that New York (NY) futures found some support this week, as December edged up 56 points close at 72.09 cents. Just when we thought that the market was once again in the grip of the bears, adverse weather ...
Tags: New York futures, Plexus Cotton, cotton
Plexus Cotton Limited reports that NY futures ended the week mixed, as December managed to close unchanged at 99.50 cents, while March dropped 240 points to close at 96.48 cents. For most of the week the market tried to work its way higher ...
Tags: industry trends, cotton