– Reporting Period 28 Aug – 10 Sep 2024 – Following the upswing in the last reporting period, the ICE Cotton No. 2 futures experienced rather a sideways movement in this reporting period. However, this sideways trend was anything but stable. The futures have swung back and forth within a range of about 250...
read more– Reporting Period 14 – 27 August 2024 – Overall, the ICE cotton No. 2 futures have risen during the reporting period. From the beginning of the second reporting week, the December futures broke the 70 ct/lb mark several times but stayed just below the magic threshold at last. The reasons for the upward...
read more– Reporting Period 31 July – 13 August 2024 – The ICE futures Cotton No. 2 have continuously lost ground in the reporting period. The nearest future reached a level that hasn’t been seen since October 2020. The globally uncertain situation has weakened textile demand and consequently material demand as well. Additionally, due to...
read more– Reporting Period 17 – 30 July 2024 – Prices were put under pressure by a cotton crop that had been projected higher for the coming season, by weak market forecasts and by falling third markets. This led to immediate purchases at lower prices. As a result, the ICE cotton No. 2 futures lost...
read more– Reporting Period 03 July – 16 July 2024 – The ICE Cotton No. 2 futures were rather stagnating in the reporting period. They stayed in a small range around 70 ct/lb and somewhat above with slight ups and downs. The latest WASDE report that saw US production gain by one million bales also...
read more– Reporting Period 05 – 18 June 2024 – The ICE Cotton No. 2 futures continued their downward trend. With only few exceptions, all trading days closed with price losses. In the middle of the reporting period, there was a change in the relationship between the trading months July and December. July dropped considerably...
read more– Reporting Period 22 May – 04 June 2024 – Following the low in the last report, ICE Cotton No. 2 futures recovered briefly, only to drop rapidly to a new low. At the beginning of the reporting period, July prices initially climbed to over 82 ct/lb, but then fell sharply again and finally...
read more– Reporting Period 08 – 21 May 2024 – During the first half of the reporting period, the ICE cotton No. 2 futures dropped sharply, arriving even below the 75 ct/lb mark for a short time. Thus, the nearest future reached a low seen last in December 2020. Prices recovered immediately afterwards, albeit only...
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