Chart Source: barchart.com
Managed money is net long.
Short-term, technical traders see possible support around 62.00, possible resistance around 65.00.
The trend is down.
Stocks and Sales
Current World Balance Sheet (2015/2016)
Current China Balance Sheet (2015/2016)
Imports – Exports: 5.55
Current India Balance Sheet (2015/2016)
Imports – Exports: –3.40
Imports – Exports: –10.19
- Long: 18,770 (Contracts)
- Short: 125,963
- Long: 62,849
- Short: 6,366
- Long: 58,189
- Short: 13,416
- Long: 19,975
- Short: 14,774
Oct. Cotton Price Model: 58.3 cents
*Note* – This model does not attempt to forecast the future direction or level of cotton prices.
General View
*This is for informational purposes only, and not a recommendation to buy or sell.