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Grain Market Boosts Ice Futures Up
On January 25, the strong rise in the grain market made the cotton market quite excited, and traders believed that the optimistic situation of cotton demand also boosted the rise of cotton prices, and ice futures closed in a medium range. Analysts believe that the U.S. launched a new round of economic stimulus will prompt funds to continue to long commodity futures.
Statistics: March contract 82.33 cents, up 77 points, may contract 83.30 cents, up 64 points, trading volume 29864, 15790 less than the previous trading day. Positions closed on January 22 were 254529, down 468.
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