– Reporting Period 02 – 15 August 2023 – At the beginning of the reporting period, the ICE Cotton No. 2 Futures continued to show a calm sideways movement with a weak upward trend. Upon the release of the latest USDA (WASDE) crop estimates last Friday, the futures briefly surged upward, coming just shy...
read more– Reporting Period 19 July – 01 August 2023 – The ICE Cotton No. 2 futures increased during the reporting period. The October futures moved around 86 cts/lb. Concerns were not only raised by the ongoing heat wave in the South and Southeast of the U.S., but also by the climatic conditions in India...
read more– Reporting Period 05 July – 18 July 2023 – The ICE Cotton No. 2 futures have moved largely sideways during the reporting period. The futures dropped for a short-term when the trading months changed from July 2023 to October 2023. On the next day, however, they already recorded a rebound close to the...
read more– Reporting Period 22 June – 05 July 2023 – With weak demand, the ICE cotton futures dropped considerably below the 80-cent/lb mark at the beginning of the reporting period. However, they recovered again later. This roller coaster ride may have been brought about by the holidays in major markets like China and the...
read more– Reporting Period 08 – 21 June 2023 – The ICE Cotton No. 2 Futures once again experienced a slight downswing during the reporting period. However, July-futures dropped stronger than December quotes. Thus, the gap that had recently developed closed again. At the end of the reporting period, the trend even reversed, and July closed...
read more– Reporting Period 25 May – 07 June 2023 – The ICE Cotton No. 2 futures moved with a bullish trend in the last two weeks and increased by several hundred points. Only in the last few days the prices dropped slightly. A detailed look at the trading months shows that the gap between...
read more– Reporting Period 11 May – 24 May 2023 – At the beginning of the reporting period, ICE Cotton No.2 futures saw significant gains. On Friday of last week, prices reached a high near the 87 ct/lb mark, the highest since January of this year. However, at the beginning of this week, quotations lowered...
read more– Reporting Period 13 April – 26 April 2023 – While the reporting period began with a slightly positive sideways movement, ICE Cotton No. 2 futures reached their highest level in more than six weeks on April 17, testing at the 85-cent mark. In the following days, the market moved steeply in the opposite...
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