Archive for February, 2015
Saturday, February 28, 2015 – Daily Cotton Brief
By admin in Daily ReportsMay cotton futures gave up 28 points D/D in volatile trading action, settling at 64.93. The settlement was within the upper one half of today’s 191 point trading range. The July contract lost 42 points, settling at 65.22; the net effect leaving the May – July spread strengthened at (29).
For Mon…
Saturday, February 28, 2015 – Cotton Futures Collapse Early but Recover for Small Weekly Gain
By admin in UncategorizedMay cotton futures gave up 28 points D/D in volatile trading action, settling at 64.93. The settlement was within the upper one half of today’s 191 point trading range. The July contract lost 42 points, settling at 65.22; the net effect leaving the May – July spread strengthened at (29).
For Mon…
Saturday, February 28, 2015 – Weekly Complimentary Cotton Report
By admin in Weekly ReportsMay cotton futures on the ICE picked up 27 points this week to settle at 64.93, although the May contract managed to spend most of the week above last week’s settlement and spent significant time trading above the 66.00 level as well. The front month has gained 763 points on 5 consecutive weekly settlement to settlement gains. The Dec contract gained 37 points this week to settle at 65.85 while also trading above the 66.00 level this week. Dec has been a winner for 5 consecutive weeks, picking up 435 points over the span.
For next week…