Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 11, 2013 13:14:28

Cotton reached a maximum ten-



ColosseumThe maximum level of ten-energized in the last trading session last week, the stock market most active ICE Futures U.S. cotton futures contract. It was a response to regular government report of the U.S. Department of Agriculture, tzv.Wasde report in which USDA predicts that global closing stocks will be lower than expected in February report. According to the USDA due to higher demand from China, India and Bangladesh cotton stocks fall this year to 81.74 million bales, while the February estimate was 81.86 million. Global consumption is expected to reach 107.11 million bales. The February estimate was 106.24 million. Cotton futures for the May delivery date strengthened during the last trading session last week on the stock exchange ICE Futures U.S. by 0.4% to the closing price of 86.88 cents per pound weight.

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Bavlna dosáhla desetiměsíčního maxima

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