October 4Th ICE: US India Supply Increased By &Nbsp; Worries Eased &Nbsp; Phase Cotton Slipped.
Monday (10.04) New York ICE Intercontinental Exchange cotton futures market fell slightly, intraday plunge, but closed down, the final closing market fell 0.19 cents, or 0.2%, to 97.83 cents / pound.
Monday (10.04) New York ICE Intercontinental Exchange cotton futures market fell slightly, intraday plunge, but
Closing Market
Rebounding, the final closing market fell 0.19, since the price hit a 15 year high at the end of September, the market participants profit, cotton harvest in the United States is expected to increase, cotton prices began to decline steadily.
Analysts say the market is overbought because the market is worried about the shortage of cotton supply after the floods destroyed many cotton in Pakistan.
However, the increase in cotton production in the United States and the planned export of cotton in India have greatly alleviated the worries in the market.
December 2010 contract opening price of 97.69 cents, intraday shock interval of 98.47 -95.31 cents, the final closing price of 97.83 cents, down -0.19 cents, turnover 13169 hands, the last day settlement price of 98.02 cents, 136897 empty hands.
The opening price for the 03 month contract in 2011 is 96.80 cents.
Intraday concussion
An interval of 97.53 -94.56 cents, the final closing price of 96.90 cents, up 0.07 cents, turnover 4596 hands, the last day settlement price of 96.83 cents, empty plate 66319 hands.
2011 05 month contract opening price 96.65 cents, intraday concussion interval 97.24 -94.56 cents, the final closing price 96.61 cents, down -0.02 cents, turnover 513 hands, the day settlement price 96.63 cents, empty volume 6832 hands.
01 October 2010
New York certification
There are 19005 packages in stock and 2612 packages to be certified.
The US stock market closed down on Monday.
The rating of Microsoft and other blue chips was downgraded, which depressed the market sentiment. Investors were generally cautious when the market rose strongly last month, the earnings season and the non farm payroll data were coming.
The Dow Jones Industrial Average fell 78.41 points, at 10751.27 points, or 0.72%, while the Nasdaq composite index dropped 26.23 points, at 2344.52 points, or 1.11%, while the standard & Poor's 500 index dropped 9.20 points, or 1137.04 points, or 0.80%.
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Gold futures rebounded from intraday low Monday as potential problems in the eurozone stimulated the US dollar.
The close only fell slightly.
The gold futures of the COMEX of the New York Mercantile Exchange in December fell by $1, or 0.1%, at $1316.80 an ounce.
Crude oil futures fell from a high of several months on Monday. Investors are worried that supply will have problems, and the US dollar has risen.
The New York Mercantile Exchange delivered crude oil futures in November, down 11 cents, or $81.47 an ounce, or 0.1%.
October 04 ICE US cotton futures closes
Contract month | Current settlement |
Pre settlement
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