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US Cotton #2 Futures - May 24 (CTK4)

Real-time capital.com
Currency in USD
Disclaimer
78.51
+0.41(+0.52%)
Real-time Data

US Cotton #2 Futures Discussions

We have been selling since Feb 24th.2021
sir any idea about cotton index ، i mean future
We believe.. No cotton shortage.. Globally excellent environment for plant kingdom growth ( less pollution due to COVID)..... No rise in consumption. ( people have not started wearing Two suits at a time).... It is a game of easy money flood ( Stimulus package, which is being arrested now by US TREASURY Yields), artificially fluctuating trading prices of ALL THE COMMODITIES ( from Crude to Lumber), irrespective of actual demand & supply.... Crude from 68 to minus 40 then 77 and now 68.........Lumber from 450 to 1,700 and now 450 again. During last three months, Coal from 70 to 170 & Iron Ore from 220 to 140......If these cycles are not sufficient to establish fate of Cotton?. During last ten years ( since 2011) Cotton failed to sustain above 95 cents ( On Feb 24, 2021, again it failed and since then failing again and again........ Now effects of Easy money are evaporating.... Wait for news regarding bumper crops in US, AFRICA & INDIA.
 Everything right except this: "Now effects of Easy money are evaporating" - hence Cotton and other commodities will continue moving upwards even with great quality harvests. And a small glitch in supply chain, weather events, etc will send this way above 100. Do not fight the fed
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