Archive for December, 2014

December 31, 2014 0

Wednesday, December 31, 2014 – Daily Cotton Brief

By in Daily Reports

Mar crashed on the final day of 2014, losing 171 points to settle at 60.27 ahead of the second US export report release this week. The settlement was near the bottom of today’s 186 point trading range. The May contract lost 152 points D/D, settling at 61.07, the net effect leaving the Mar – May spread near weakened at (80).

For Fri…

December 31, 2014 0

Wednesday, December 31, 2014 – Mar Crashes on Last Day of 2014 Ahead of Weekly Export Report

By in Daily Reports

Mar crashed on the final day of 2014, losing 171 points to settle at 60.27 ahead of the second US export report release this week. The settlement was near the bottom of today’s 186 point trading range. The May contract lost 152 points D/D, settling at 61.07, the net effect leaving the Mar – May spread near weakened at (80).

For Fri…

December 30, 2014 0

Tuesday, December 30, 2014 – Daily Cotton Brief

By in Daily Reports

Mar gave back 3 points to settle at 61.98. The settlement was within the lower one half of today’s extremely tight 35 point trading range. The May contract gained 11 points D/D, settling at 62.59, the net effect leaving the Mar – May spread near weakened at (61).

For tomorrow…

December 30, 2014 0

Tuesday, December 30, 2014 – Mar Trades Extremely Tight Range, Settles Near Unchanged

By in Daily Reports, Uncategorized

Mar gave back 3 points to settle at 61.98. The settlement was within the lower one half of today’s extremely tight 35 point trading range. The May contract gained 11 points D/D, settling at 62.59, the net effect leaving the Mar – May spread near weakened at (61). Dec picked up 22 points to settle at 65.94.

For tomorrow…

December 30, 2014 0

Monday, December 29, 2014 – Daily Cotton Brief

By in Daily Reports

Mar picked up 38 points, post the dissemination of strong US export sales data accompanied by MY high shipment data that failed to meet the pace requirement to meet the USDA’s export target. The Mar contract settled at 62.01.

For tomorrow…