Cotton Opens Firm Then Weakens On Bearish Census Hopes
New York and New Orleans trading scenes show cotton opening firm on higher cables, then slipping as traders priced in expectations of the national ginners census report due midweek. Prices slid to near session lows after rumors pointed to about 9.6 million bales ginned, with southern spot markets mixed and futures pressured by unfolding bank failures and outside selling.
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Liverpool Cotton Market and U S Bond Notes Summary
The Liverpool cotton market shows steady prices with middling uplands around 6.40 and market activity moderate. U S bond notes and various railroad and industrial securities are quoted with numerous 4s and 45s, including Colorado and Midland 4s and St Louis lines, reflecting active but cautious trading across multiple sectors.
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Sree
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St Louis
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Beptenthe
Wor Is
Tasedquia
Cotton Market Snapshot Returns Mixed Pressures
The Spot cotton markets reveal limited activity with modest price shifts and unclear closing figures. Traders reference benchmark bales and nearby contracts amid thin volume, while mills and exporters monitor prices for direction this week.
Wheat Market Closes Weak As Bank Quiet Dampens Trade
Chicago reports show a slight decline in the wheat market due to banking unease and rising supplies. May wheat slips to 87 1/4, corn and oats fall, while provisions rise with overall mixed cash grain receipts and heavy selling by local traders.
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Grain and metal markets in New York and London report
The December markets show mixed grain and sugar notes with steady refined sugar in New Orleans and open kettle molasses values. Cotton seed oil and meal firm in New York and Memphis, while metals edge lower in London and hold steady locally. New York shows steady to higher spot copper while iron and lead shift modestly as St. Louis reports strong lead and firm spelter.
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