Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 08, 2013 14:16:28

Sale of cotton in the U.S. stagnated third week

ColosseumFor the third time in the last four sessions weakened during yesterday on ICE Futures U.S. exchange most active futures contract for cotton. This was due to signs of declining demand for U.S. stocks mentioned commodities. According to government reports in the week ending January 31 cotton weakened sales in the U.S. increased by 29% compared to the previous week. It was on the third weekly decline in sales of cotton behind. Cotton futures for the March delivery date weakened during yesterday's trading session by 0.4% to the closing price of 81.40 cents per pound weight.

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