Cotton prices have been rallying since the early February low, as seasonal factors may have created a significant price bottom for the fluffy fiber.
Cotton price action is up 8 to 30 points so far on Thursday. Futures closed out the Thursday rally with contracts up 80 to 159 points across most contracts. The outside markets are generally supportive,...
Consider buying a put option on July cotton futures.
Cotton futures closed out the Thursday rally with contracts up 80 to 159 points across most contracts. The outside markets are generally supportive, with the US dollar index was $0.325 lower at $98.600....
Over the past weeks, world sugar futures prices recovered and rallied to a new 206 high, as sugar has followed crude oil and ethanol prices higher.
May NY world sugar #11 (SBK26 ) on Thursday closed down -0.31 (-2.18%), and May London ICE white sugar #5 (SWK26 ) closed down -8.70 (-2.06%). Sugar prices continued their week-long slide on Thursday,...
May arabica coffee (KCK26 ) on Thursday closed down -0.35 (-0.12%), and May ICE robusta coffee (RMK26 ) closed down -18 (-0.54%). Coffee prices settled lower on Thursday as they consolidated recent losses....
Watch out for the "Supercalifragilisticexpialidocious" El Niño headed our way this year.
Cotton futures are trading with 127 to 150 point gains at Thursday’s midday. The outside markets are generally supportive, with the US dollar index is $0.445 lower at $98.475. Crude oil is back up $3.21...