AFB Cotton Close: Ends Just Over 82 Cent Floor
Cotton prices closed lower today, as December cotton managed to stay just above the 82-cent price floor that has been established over the last few weeks. While U.S. cotton crop conditions remain bullish for prices, the weight of the global supply and demand situation continues to overshadow U.S. fundamentals.
The cotton market experienced a very fun and exciting week as trading focused on strong fundamentals factors, both of the bullish and bearish variety. Many have been left perplexed with