US Cotton #2 Futures - Dec 22 (CTZ2)

97.40
-1.44(-1.46%)
  • Prev. Close:
    97.4
  • Bid/Ask:
    97.25/97.55
  • Day's Range:
    94.92 - 98.88
  • Type:Commodity
  • Group:Agriculture
  • Unit:1 Pound

US Cotton #2 Futures Discussions

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  • In my opinion, we have touched the double high and after a short lateralization the downward phase will begin. Cotton has arrived at the end of the line🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮🏮
    2
    • let them be pessimistic, but in reality, production cuts will continue next month and demand is growing, arrivals are also decreasing, no signs of downfall for now, 1.2 million bales production cut by CAI and it will further come down in next report
      2
    • "Sourabh" is right. Ctn also short in Pakistan and demand is high. Ctn still v.v.bullish
      0
    • Supply v.tight, demand high, new crop still away, extreme shortage in feb/march.
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