摘要
Recent price movement Most of the world＇s cotton prices moved lower over the past month. However, NY futures sharply reversed direction with the release of this month＇s USDA report. Prices for the most actively traded December futures declined slowly but steadily throughout the month of July. In August, prices broke out of the range between 63 and 68 cents/lb for the first time since mid-March by falling through support near 63 cents/lb. However, following the release of this month＇s USDA report, which featured large downward revisions to figures for U.S. production and ending stocks in 2015/16, prices rebounded from levels near 62 cents/lb to those near 65 cents/lb.
2015.9 Released by Cotton Incorporated Recent price movement There was mixed movement in benchmark prices last month.NY futures and the A Index went higher and lower.Chinese prices declined,while Indian and Pakistani values were stable.Prices for the NY December futures contract increased from levels below 63cents/lb in early August to those near68 cents/1b following the release of
