Cotton market eyes potential corner as supply tightens
The article notes world visible supply at 2,599,897 bales with 1,191,197 bales less than last year. It cites a US crop estimate of 11,800,000 bales against world consumption of 14,812,000 bales, signaling a possible price spike and opportunity to corner the market.
MENTIONED IN THIS ARTICLE
Henry G. Hester
New Orleans Cotton Exchange
Hester
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