2.2ICE Cotton Is Up By &Nbsp, And Is Helped By Commercial And Fund Buying Activities.
ICE cotton rose 2 days, helped by commercial and fund buying activities. Analysts expect cotton prices to rise in short or short term.
Comprehensive media reported on February 2nd, intercontinental
paction
The ICE cotton futures rose 2 days ago, traders said, as investors and businesses followed up buying activities to boost the market, fund buying might also be involved.
Meanwhile, cotton (22095, -30.00, -0.14%) contracts may continue to rise in the next few days.
The ICE index rose 0.82 cents in March cotton and closed at 94.21 cents / pound. The intraday trading range was 92.69 cents / pound to 94.88 cents / pound.
ICE Futures data showed that as of February 1st, the open positions in the past three trading days rose to 178051.
Penson Futures senior
cotton
Analyst Johnson (Sharon Johnson) said commercial or fund accounts were clearly established in the market.
Cotton rose by nearly 2% in January, rising for second consecutive months, due to the improvement in the popularity of the whole department of cotton and the cotton performance in November, when the cotton fell by 10%.
According to Thomson Reuters preliminary data, 2 trading volume of more than 23800 hands, compared with the 30 day mean two.
Market people are turning to next Thursday (February 9th) in the United States
Agriculture
Monthly supply and demand report of department (USDA).
The American Cotton Association will also issue the 2012 annual cotton planting survey.
Exchange data show that 1 days trading volume of 30413 hands, the last day is 34060 hands.
- Related reading
- Daily headlines | 2018 Wool Knitting Cutting-Edge Designers Competition Finals, The Production Of Diversified Wool Knitting Art
- Exhibition topic | The Paris Exhibition Is Featured By Its Characteristics And Quality.
- Association dynamics | Go Deep Into Chemical Fiber Printing And Dyeing Town, Textile High Training Class Enter Tongxiang And Xiaoshan
- Industry Overview | 40 Years Of Reform And Opening Up, Connecting The Chemical Fiber And Terminal
- News Republic | The Thirteenth International Standardization Organization / Clothing Size Series And Codename Technical Committee Was Held In Suzhou.
- Daily headlines | The Crossroads Of Garment Retailing: Reborn Or Leaving The Scene?
- Exhibiting knowledge | Yes, The Third Baiyangdian International Clothing Culture Festival 16 Activities Time And Place Specific Arrangements Came.
- Enterprise information | Zhangjiajie Travel Code: Bringing Non Heritage To The World Stage
- Fashion brand | Can The Girl'S PINK Rally Help The Victoria To Turn The Corner?
- Glimpse of exhibition | China'S Home Fair (Shanghai) Highlights The Global Home Life Paradigm.
- Low Price Competition Reduces Overall Industry Profits
- Seven Wolves: A Mature Business Model, &Nbsp, And E-Commerce.
- Easy Imitation Is Difficult To Prevent.
- Review Of Yarn Market In Shengze And Jiaxing In January 2012
- Review And Forecast Of Polyester Market In Two Cities Of Jiaxing, Shengze In January
- Local Clothing Brands Want To Enter The Mall &Nbsp; Spend At Least 140 Thousand Annually.
- 95%纺织品对台享零关税
- Warp Knitting Garden To Change Ideas To Attract Investment
- ICAC: Global Cotton Consumption Decreased By &Nbsp, Due To Economic Growth Slump.
- 2012 Underwear Two Or Three Line Brand Must Break