23.03.2009 - ICE cotton futures climb as specs buy on inflationary ideas |
From Ccfgroup.com: Speculators covered shorts and established some long positions in ICE Futures U.S. cotton Friday amid expectations for ensuing inflation. May cotton settled 121 points higher at 44.08 cents a pound and the July contract settled up 118 points at 44.93 cents. For the week, May cotton gained 125 points.....Full Article: Source |