Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 05, 2013 20:28:28

Balvna heading to desetiměsíčnímu maximum

ColosseumAt the highest level in almost 10 months strengthens today's trading session on the exchange ICE Futures U.S. The most active futures contract for cotton. Cotton growth responds primarily to lower than expected production in the United States, at the time the estimate is an increase in global demand this year. In a statement Macquarie Group Ltd.. predicts that U.S. farmers this year fitted cotton, compared with last year's 12.3 million, "only" 9.4 million acres. It is estimated further that the U.S. Department of Agriculture in the New WASD report, to be published March 8 in connection with the assumption of higher consumption in India, Pakistan and Turkey, increasing global demand estimate for cotton this year. Futures on the May cotton enhances the delivery? hours before the end of today's trading session on the exchange ICE Futures 0.42 cents to the price of 86.68 cents per pound weight.

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Balvna míří k desetiměsíčnímu maximu

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