After attempting to move higher in mid-March, cotton prices !Lave since retreated, The mostactively traded May New York futures contract increased from levels near 87 cents/tb to those near 94 cents/lb. In more recent trading, prices fell back to a range between 88 and 91 cents/lb. Values for the A Index followed those in the futures market, climbing to a level above 103 cents/Ib before decreasing to levels near 100 cents/lb. Over the past month, the general pattern in daily price movement has been inverse to that of the U.S. dollar.
展开▼
