Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Commodities  >  London Sugar       

LONDON SUGAR
Mes dernières consult.
Most popular
SummaryChartsNewsAnalysis 
News SummaryAll newsTweets

Cotton Futures End Lower After USDA Boosts Production Estimate

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/09/2017 | 11:57pm CEST
   By Julie Wernau 
 

Cotton futures reversed course to end lower Thursday, after the U.S. Department of Agriculture revised higher its estimates for U.S. production, surprising traders.

Cotton for December delivery ended down 0.5% at 68.29 cents a pound on the ICE Futures U.S. exchange after rising as high as 69.48 cents a pound before the report.

The USDA placed U.S. production at 21.4 million bales versus the average trade estimate of 20.9 million bales, according to Rabobank, which it said "highlights the resilience of this year's crop against threatening weather, including numerous hurricanes and freeze events."

The report left ending stocks in the U.S. at their largest since 2009-10, a 122% increase year-over-year at 6.1 million bales.

In other markets, raw sugar for March was up 0.3% to end at 14.88 cents a pound, cocoa for March lost 0.1% to end at $2,185 a ton, arabica coffee rose 0.5% to end at $1.264 a pound and frozen concentrated orange juice for January closed up 0.1% at $1.6085 a pound.

Write to Julie Wernau at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
NEW YORK COTTON -3.75% 87.32 End-of-day quote.11.04%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LONDON SUGAR
06/15KELLOGG : Recalls Honey Smacks Cereal on Salmonella Concerns -- 2nd Update
DJ
06/15KELLOGG : Recalls Honey Smacks Cereal on Salmonella Concerns --Update
DJ
06/15KELLOGG : Recalls Honey Smacks Cereal on Salmonella Concerns
DJ
06/13GRAIN HIGHLIGHTS : Top Stories of the Day
DJ
06/13COCA COLA : Warns of Currency Impact on 2Q, 2018 Revenue
DJ
06/12France's Tereos considers finding partner in tough sugar market
RE
06/01WHO panel split on soft drink sugar tax to cut obesity
RE
05/29Nestle to Cut 500 IT Jobs in Switzerland
DJ
05/26PEPSICO : Acquires Snack Maker -- WSJ
DJ
05/26PEPSICO : Buys Bare Foods, Maker of Fruit and Vegetable Snacks -- 2nd Update
DJ
More news
Chart LONDON SUGAR
Duration : Period :
London Sugar Technical Analysis Chart | 4-Traders
Technical analysis trends LONDON SUGAR
Short TermMid-TermLong Term
TrendsBullishNeutralBearish