Armada Intelligence

Cotton Drops – Are we seeing Plummeting Global Demand?

There are some worry signs starting to show in the global commodities markets – for certain things. Cotton is the latest (following corn and soybeans) to take a hit in futures trading this week, dropping 4% yesterday (the maximum allowable drop in a commodity in one trading session). Today, it was off 3.4% in early trading. The reason given by traders [This content is for MEMBERS ONLY. Please click Subscribe in the upper right corner to continue.]

 

Posted by on Nov 21 2011. Filed under Other, Raw Materials. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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