Mixed Midday Performance of Cotton Market and Anticipation for Planting Intentions Report

Monday, 25 March 2024, 18:57

The cotton market sees a mixed midday performance with old crop futures up by 51 to 68 points while new crop futures show a slight decline. Analysts are eagerly awaiting Thursday's Planting Intentions report that is expected to reveal crucial insights into the market sentiment.

Mixed Midday for Cotton Market

Old crop cotton futures are trading 51 to 68 points in the black. Nearby new crop futures are off 30 points off their lows, but are still down by 3 to 20 points starting the week.

Analysts' Expectations

Analysts are looking for Thursday’s Planting Intentions report to show between 10.4m and 11.3m...


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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