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AFB Cotton Close: Prices Mixed with Nearby Gains

Ernst Undesser
By Ernst Undesser January 29, 2014

Cotton Comment

Cotton prices closed mixed with nearby contracts posting gains and new crop contracts another minor loss. Good export demand continue to support nearby contracts, but concerns about demand next year continue to pressure prices. A small shift in China’s policy can lead to big changes in demand and price.

        
         
Futures:
High Low Last Change
Mar ’14 86.61 84 85.55 1.2
Jul ’14 87.18 84.91 86.3 1.37
Dec ’14 77.02 76.53 76.82 -0.09

Memphis, TN Cotton and Tobacco Programs

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Ernst Undesser
By Ernst Undesser January 29, 2014