ICE Cotton traded firmer with an improving technical picture and climbing open interest throughout most of the week, settling at 87.18. The market’s move higher, China’s holiday, continued uncertainty about cotton quality, and ...
ICE Cotton posted solid gains on the back of strong physical demand this week, with Z3 gaining over 200 pts to close at 86.69. The selling out of Australian cotton has shifted buyers towards the US, however due to the late crop and smaller ...
Tags: Ice Cotton, Textile
ICE Cotton futures traded unchanged on last week, with the main Z3 contract settling at 84.52 c/lbs. Physical supplies for delivery to mills through 2013 year-end are looking increasingly tight, as spot supplies of Australian, West African ...
Tags: ICE Cotton, Textile
ICE Cotton closed almost unchanged on the week at just over 83 c/lbs, as specs continued reducing their long position while the trade bought back hedges against physical sales. Demand woke up from a range of markets with futures under ...
Tags: Cotton Trends, ICE Cotton
ICE cotton futures shot up again this week with the spot December contract advancing 439 points to close at 93.32, highest since March this year. Monday’s supply & demand report by USDA projected a tight supply situation with the US ...
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ICE cotton futures exploded to the upside this week with the spot December contract advancing 395 points to close at 88.93. New longs entered the market during the rally with the overall open interest rising by over 18k contracts, and specs ...
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ICE cotton prices dipped earlier this week on heavy rain received in Texas, the top cotton growing region of the country. Prices then rose in thin trade at the end of the week and settled the week in a positive note as the dry condition ...
Tags: cotton prices, Textile
ICE Cotton gradually moved higher earlier this week supported by bullish views on the market, but the supply & demand report released kept the market in check, and the week ended at a slightly lower level. The week’s high was posted ...
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