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NY cotton closes lower on spec sales, weak markets
in.reuters.com
[Reuters] - "It looks like they're (investors) trading the short side (given) the strength of the dollar," said independent cotton analyst Mike Stevens in Mandeville, Louisiana. The euro slumped to a one-month low versus the dollar after the European Central Bank
NY cotton closes easier on investor sales
in.reuters.com
[Reuters] - "It is very difficult to find a motivation because there is very little (encouraging) in the background," said Mike Stevens, a long-time cotton dealer in Mandeville, Louisiana. Fundamentally, traders said the market is looking at plentiful supplies and
Cotton Futures Jump on 'Monster' Export Sales From US
www.bloomberg.com
[Bloomberg] - “We're up because of the absolutely monster sales that were reported,” Mike Stevens, an independent trader in Mandeville, Louisiana, said in a telephone interview. “This shows a tremendous amount of business.” Cotton for December delivery rose 0.3
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