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Is The Rise In Cotton Prices Sustainable?
May 18, 2018

The rise is linked to the old idea of hoarding. Futures are close to 400,000 metric tons, and other commercial stocks have a lot of good cotton, betting on a reduction in reserve stocks.
But there is no sign of big money easing. Since the beginning of the year, the market has been loosely funded. This is the main reason for this surge. It is believed that the driving factor is greater than other factors.
. A big coffee has long advocated bullish, in fact, it is believed that some institutions hoarded a large number of warehouse receipts to borrow this rally to sell. Early overdraft increases momentum. Two possibilities are based on the outcome of trade frictions.
, such a rise is high, later will gradually weaken back. Because the second half of the year still has the deleveraging task. Funds will be tightened again, not supporting the rise in futures. 

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