24 Jan | Market Aims for 85-Cent Mark
– Reporting Period 10 – 23 January 2024 – After a quiet turn of the year, the cotton market has gained momentum again. The ICE Cotton No. 2 futures rose more strongly, as U.S. cotton in particular is currently experiencing a surge in demand. During the reporting period, the futures increased constantly with only...
read more 10 Jan | Turn of the Year Under a Silent Star
– Reporting Period 20 December 2023 – 09 January 2024 – The market remained silent at the turn of the year – almost contemplatively silent. Only minor market activities with smaller purchases were registered around Christmas and until the turn of the year, in particular from China. The ICE futures Cotton No. 2 increased...
read more 10 Nov | Heavy Losses in the Market
– Reporting Period 25 Oct – 07 Nov 2023 – The downward trend of the ICE Cotton No. 2 futures accelerated significantly during the reporting period. The December futures dropped to 76 ct/lb, their lowest level since April this year. Market observers have been speculating about this heavy loss since no clear reasons could...
read more 25 Oct | Futures Lose Ground
– Reporting Period 11 – 24 October 2023 – The ICE Cotton No. 2 futures have lost ground in recent times. During the past two weeks, the futures broke away from their price range between 85 and 90 ct/lb, in which they had stayed for quite a long time, and decreased to just over...
read more 11 Oct | Market Declines Slightly
– Reporting Period 27 September – 10 October 2023 – The ICE Cotton No. 2 futures have more of returned to their mode of decline again. After a start on a high level close to the 90 ct/lb mark at the beginning of the reporting period, the futures recorded a downward movement once again....
read more 29 Sep | Market Moved Primarily Sideways
– Reporting Period 13 – 26 September 2023 – The ICE futures Cotton No. 2 primarily showed a sideways movement in the past two weeks. The futures moved within a narrow range around the 85 ct/lb mark. Due to the change from the old to the new crop, Chinas subdued economic activity and a...
read more 15 Sep | Market Moved Up and Down
– Reporting Period 30 August – 12 September 2023 – The ICE Cotton No. 2 futures skyrocketed at the beginning of the reporting period, testing the 90-cent mark anew. After the long Labor Day weekend, however, the futures dropped sharply again. By the end of the reporting period, the futures have shown once more...
read more 1 Sep | Cotton Futures at a High Level
– Reporting Period 16 August – 29 August 2023 – At the very beginning of the reporting period, the ICE Cotton No.2 futures continued their drop following the short-term peak caused by the USDA outlook in August. For the rest of the week, the futures stayed just below the 84 cent/lb mark. The futures...
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