| 17.10.2008 - Cotton price rebounds from 3-year low as equity indexes rally |
| From Bloomberg: Cotton prices rose, rebounding from the lowest since February 2005, after U.S. equity indexes including the Dow Jones Industrial Average and the Standard & Poor's 500 gained. Cotton jumped 4.3 percent as the 30-stock Dow rose 4.7 percent today. The S&P 500 jumped as much as 4.4 percent. The Dow has declined 32 percent this year while cotton futures dropped 27 percent on concern an economic slowdown may reduce consumption..... Full Article: Source |