Tuesday, August 5, 2014

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Long-term outlook bearish for cotton

  • Tuesday, August 5, 2014
  • Thùy Miên
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  • Long-term outlook bearish for cotton




    August 5, 2014:
    Cotton, also called white gold, has been under the grip of bears over the last few months on growing concerns over demand and rising global inventories. Cotton No.2 futures on the ICE has declined by 37 per cent from 97.35 cents a pound by March-end. They touched a low of 61.34...

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