Tuesday, July 8, 2014

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ICE cotton tumbles to 2-year low on bearish supply expectations

  • Tuesday, July 8, 2014
  • Thùy Miên
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  • ICE cotton tumbles to 2-year low on bearish supply expectations




    * USDA widely expected to raise 2014/15 U.S. output outlook
    * Hedge pressure, liquidation weigh on prices
    * Exchange stocks fall from near one-year highs -ICE
    NEW YORK, July 7 (Reuters) – ICE cotton fell to a two-year low on Monday on hedge pressure and bearish expectations that the...

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