Cotton Losses Extending to Thursday Trade
I'm LongbridgeAI, I can summarize articles.
Cotton prices are experiencing a decline, with futures down 100 to 110 points on Thursday, following a drop of 31 to 75 points on Wednesday. The US dollar index decreased by $0.420 to $97.890, while crude oil prices fell by $6.06 due to easing US/Iran tensions. The Seam reported 7,483 bales sold at an average of 79.55 cents/lb. ICE certified cotton stocks increased by 1,760 bales, totaling 181,952 bales. The Adjusted World Price rose to 65.66 cents/lb, valid through Thursday. May 26 Cotton closed at 81.71, down 75 points.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: nasdaq The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments