ICE&Nbsp; The US Cotton Futures Rose All The Way, Showing Strong Exports.

Thursday (8.26) ICE cotton rose all over the United States.

ICE Intercontinental Exchange October contract opening price of 88.63 cents, intraday concussion interval 89.59- 88.54 cents, closing price 89.24 cents, up 1.09 cents, turnover 16 hands, the last day settlement price 88.15 cents, empty volume 936 hands.

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ICE exchange 2011 contract opening price of 83.45 cents, the intraday concussion interval 84.88- 83.45 cents, closing price 84.79 cents, up 1.21 cents, turnover 1545 hands, the last day.

As of August 19th, the total volume of US cotton exports was 486200 packs, larger than the 461900 package reported last week.

The net sales of 472600 cotton bags were 6% higher than last week's report.

241400 tons of cotton exports, an increase of 1% over last week.

The United States Pima cotton net sales of 13600 packs, a decrease of 6% compared with last week.

Pima cotton exports 1000 packs, 26% less than last week.

The Pakistan government expects that Pakistan's cotton production may be reduced by 16% due to the flood, and as the loss becomes clearer, the percentage of production cuts may continue to increase.

The Pakistan textile factory has signed about 700 thousand packages of new cotton import contracts with India, a senior industry official in Pakistan said on Wednesday.

Pakistan's Ministry of agriculture and Agriculture said Tuesday that cotton production will be reduced by 16% to 11 million 760 thousand bales of cotton this year, 170 kilograms per pack, compared with 14 million packages earlier.

The external market also provided support for cotton. The dollar weakened and the commodity index rose, stimulating speculators to do more.

On Thursday, the US stock market closed down, and the Dow fell below the 10000 point mark.

Optimism over the decline in initial jobless claims last week has gradually dissipated, and concerns about the slowing pace of the US economic recovery have again dominated the market.

At 16:00 p.m. Eastern time on August 26th, the Dow Jones Industrial Average fell 74.25 points to 9985.81 points, or 0.74%, while the Nasdaq composite index dropped 22.85 points, closing at 2118.69 points, with a fall rate of 1.07%. The standard & Poor's 500 index fell 8.10 points to 1047.23 points, with a fall rate of 0.77%.

European stock markets rose on Thursday.

The New York Mercantile Exchange crude oil futures closed up 1.2%, closing at $73.36 a barrel.

Gold futures fell 3.6%, or 0.3%, to $1237.7 an ounce.

Economists who expected the US economic recovery to accelerate in the second half of the year are now lowering expectations because of the prospect of employment and business investment.

"We have to realistically admit that the performance of economic data has been worse than we had expected," said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities in New York. (Deuthe Bank Securities Inc Securities)

Our current worries about recent growth risks are stronger than those for long-term risks. "

La Wagner yesterday lowered its annual growth rate of the US economy to 2% in the third quarter, and just two weeks ago, he predicted that the US economy would grow by an annual rate of 4.6% in that quarter.

The exchange reported that in August 24th, the cotton certification inventory was 18783 packs (500 pounds), the August 25th certified inventory of 18690 packages, the withdrawal certificate inventory of 0 packages, and 0 bags to be certified.

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There are 13155 contracts for cotton futures today, 16424 call options and 4183 put options.

The October contract rose 1.09 cents, or 1.2%, to 89.24 cents / pound.

The most active December contract rose 1.29 cents, or 1.5%, to 86.15 cents / pound.

ICE US cotton futures closing August 26th