1. China 33.5 million bales 2.India 32.3 million bales 3.United States 16.0 million bales 4. Pakistan 10 million bales 5. Brazil 7.5 million bales 6. Uzbekistan 4.6 million bales 7. Australia 3.5 million bales 8. Turkey 2.8 million bales 9.Turkmenistan 1.6 million bales 10. Greece 1.4 [...]
Monthly Recap: Cotton Prices June
July 2, 2012 By
(June 2, 2012) Cotton experienced a volatile month, with prices under pressure due to plentiful supplies and a weak demand outlook; and fell to a 3-year low at one point in the month. Cotton joined other commodities on June 29th, and rallied as European leaders came to an accord on combating the euro zone debt [...]
Commodities at Close: Cotton Falls Past Three- Month Low
May 7, 2012 By
(May 7 2012) Exclusive to GEOnomic Investing Cotton futures finished down and at a 3-1/2 month low Monday, falling for the fourth straight session on speculative sales. July cotton on the ICE Futures U.S. exchange dropped 1.32 cents, or 1.5 percent, to settle at 86.67 cents per lb., the lowest close for a second-position contract since [...]
Cotton Rises on Short-Term Demand; Long Term Prospects Remain Weak
April 11, 2012 By
The U.S. Agriculture Department said Tuesday that it expects U.S. cotton stockpiles to total 3.4 million bales by the end of July. The estimate was 500,000 bales less than the agency’s March forecast but nearly 31 percent more than inventories at the end of July 2011. This news sent cotton futures up in Wednesday’s session, Cotton [...]