The cotton market posted Monday gains of 8 to 50 points. The outside market factors were helpful, with gains of 94 cents in oil and the dollar index down 7 points. Crop Progress data from Monday afternoon...
Crop Progress - 2024-05-13
July NY world sugar #11 (SBN24 ) on Monday closed down -0.67 (-3.47%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -19.30 (-3.39%). Sugar prices Monday sold off sharply, with NY sugar falling...
July ICE NY cocoa (CCN24 ) on Monday closed down -1,725 (-19.40%), and July ICE London cocoa #7 (CAN24 ) closed down -1,565 (-20.69%). Cocoa prices on Monday plunged to 1-week lows and settled sharply...
July arabica coffee (KCN24 ) on Monday closed down -5.10 (-2.54%), and July ICE robusta coffee (RMN24 ) closed down -41 (-1.19%). Coffee prices on Monday retreated due to a recovery in ICE coffee inventories....
The cotton market is trading with contracts up 35 to 60 points across most months on Monday. The outside market factors are helpful, with gains of 45 cents in oil and the dollar index down 120 points....
July NY world sugar #11 (SBN24 ) this morning is down -0.56 (-2.90%), and Aug London ICE white sugar #5 (SWQ24 ) is down -16.50 (-2.90%). Sugar prices this morning are sharply lower, with NY sugar falling...
July ICE NY cocoa (CCN24 ) this morning is down -1,707 (-19.20%), and July ICE London cocoa #7 (CAN24 ) is down -1,550 (-20.49%). Cocoa prices this morning plunged to 1-week lows and are sharply lower....
July arabica coffee (KCN24 ) this morning is down -4.80 (-2.39%), and July ICE robusta coffee (RMN24 ) is down -47 (-1.37%). Coffee prices today are sharply lower on a recovery in ICE coffee inventories....
The cotton market is hovering close to unch on Monday morning. Futures closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. ...