– Reporting Period 06 – 26 March 2024 – After the upward trend of the previous reporting period, the market reversed with the change of the next trading month before the index price was able to break through the USD 1 mark. As the trading month March 24 ended, the May 24 futures briefly...
read more– Reporting Period 21 Feb – 05 Mar 2024 – ICE Cotton No. 2 futures initially continued their steep rise. With more than one U.S. dollar, the futures reached a level last seen in September 2022. However, this development primarily referred to the old crop with the March contract. The December future for the...
read more– Reporting Period 07 – 20 February 2024 – The ICE Cotton No. 2 futures initially maintained their momentum from past weeks and continued to rise to almost the 95 ct/lb mark. At last, however, this high level could not be kept up. Observers have continued to attribute the comparatively high price gains primarily...
read more– Reporting Period 24 January – 06 February 2024 – Following a slight decline in cotton futures at the beginning of the reporting period, the rising trend of recent weeks continued. As a result, the ICE cotton No. 2 futures arrived at a level last seen in September 2023. However, this was not due...
read more– 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– 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– 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– 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...
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