Tuesday, September 16, 2014
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After the recent USDA report showed a slight decrease in domestic ending stocks (Aug 5.60 vs. Sep 5.20), cotton (NYBOT:CTZ14) prices caught a quick bounce up to the 68.50 level before pulling back.
The broader market didn’t seem concerned that the report showed over a million-bale increase in wo...
Read more: Cotton direction is fuzzy
Cotton direction is fuzzy
After the recent USDA report showed a slight decrease in domestic ending stocks (Aug 5.60 vs. Sep 5.20), cotton (NYBOT:CTZ14) prices caught a quick bounce up to the 68.50 level before pulling back.
The broader market didn’t seem concerned that the report showed over a million-bale increase in wo...
Read more: Cotton direction is fuzzy
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