Cotton prices have grinded higher since the beginning of December as one can see by the chart below. In this time frame prices of July futures have appreciated approximately 17% lifting trade to their highest levels in 27 months near 97 cents/lb. This likely has something to do with the most recent US cotton harvest […]
Since reaching a high just above 90 cents/lb. in mid-August cotton futures have been on a downward trajectory giving up nearly 15%. In the March contract futures have found a value zone just below 78 cents where futures currently sit. I am operating under the influence the current base being built over the last two […]
