Futures continue march upwards

Cotton futures continued their march upwards on Wednesday afternoon, having undergone some selling earlier in the day. This continues the trend we have seen over the last several months, with the market now approaching highs seen in August.

 

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Cotton No.2 futures price (ICE, Investing.com)

In fact, despite an almost equal number of losing and winning days, No.2 futures contracts are up over 3% m/m.

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