With Only 2% Planted, Cotton Futures Soar

Cotton futures have blasted-off these past three trading sessions on the outlook of cotton planting being behind schedule. Cotton futures are up 125 points to .6659 (a pound) at this time of writing on the InterContinental Exchange – its highest prices since...

Cotton Futures Uptrending on Higher Exports

Cotton futures reached seven-week highs yesterday in a newly emerged up-trend based on less cotton mill usage and increased exports. Yesterday’s USDA Crop Production report revealed 2014/15 domestic cotton estimates showing less mill production and the higher exports...

Cotton Futures Can Top $1 In a Decade

The largest (raw) cotton trader told an audience in Dubai today he thinks cotton futures can top $1.00 a pound within a decade as fashion trends shift back to natural fibers. Cotton futures were up seven-tenths of .01 cent today in New York, hovering just above the...