17-May-2024
Another Sloppy Week for Cotton Prices May 17, 2024 Cotton suffered another sloppy week as lower Chinese prices, coupled with bearish inflation numbers and very weak apparel sales, all worked to force prices lower – even limit down one day and near limit down trading on another.
Read More / Download ReportMAY 17, 2024 Cotton futures traded on both sides of the market but gave back the previous week’s gains. • July futures fell 236 points from last week’s close, settling at 76.24 cents per pound. The July contract closed limit down on Tuesday.
Read More / Download ReportFor Week Ending 09-May-2024 Net Upland Sales 2023-24 Net sales of Upland totaling 156,500 RB for 2023/2024 were down 38 percent from the previous week and 7 percent from the prior 4-week average.
Read MoreHas the Cure for Low Cotton Prices Set In? The cure for low prices has finally set in. The recovery will be slow and, just like recovery from many ailments, there will be good and bad days. Some setbacks can be expected along the way.
Read More / Download ReportMAY 10, 2024 After the bottom fell out of the market last week, July futures managed small gains for the week but ran into resistance around 80.00 cents per pound. • July futures settled at 78.60 cents per pound, finishing 298 points higher for the week.
Read More / Download Report
