December 10, 2016 0

Saturday, December 10, 2016 – ICE Cotton Closes Out Week Near Unchanged Despite Bearish S&D Data

By in Daily Reports

The ICE Mar contract gave up 62 points on Fri, post the release of generally bearish data in the USDA’s Dec WASDE report, settling at 70.80 – a 24 point setback on the week. The Mar contract lost 58 points at 71.11, the net effect leaving the Dec – Mar spread near unchanged at (31). Volume for Mar delivery was near unchanged at nearly 16K lots; Mar OI was also near unchanged at approximately 177K contracts.

For Mon…

December 10, 2016 0

Saturday, December 10, 2016 – Weekly Complimentary Cotton Market Report

By in Weekly Reports

The ICE Mar contract gave up 24 points on the week as the market negotiated improving demand for US cotton for export and loosening domestic and world supplies, finishing the week at 70.81. The nearby spread strengthened 18 points on the week at 31 points of carry.

For next week…

December 9, 2016 0

Thursday, December 8, 2016 – Daily Grain Market Briefs and Forecast

By in Daily Reports
December 8, 2016 0

Thursday, December 8/, 2016 – ICE Cotton Posts Modest Gains Post Unexpectedly Strong US Export Data & Ahead of WASDE Report

By in Daily Reports

The ICE Mar contract picked up 37 points post the release of extremely strong US export data and ahead of the USDA’s Dec WASDE report, settling at 71.42. The Mar contract gained 27 points at 71.69, the net effect leaving the Dec – Mar spread strengthened at (27). Volume for Mar delivery quickened at nearly 16K lots while Mar OI expanded at approximately 177K contracts.

For tomorrow…

December 7, 2016 0

Wednesday, December 7, 2016 – Daily Grain Market Briefs and Forecast

By in Daily Reports