Weekly cotton market update
Story Date: 4/30/2015

 

Source: SOUTHERN FARM NETWORK, 4/30/15

Prices surged higher late last week, in action that may be related to a stronger than expected export sales report.
Last week’s export sales data indicated that new contracts had been signed representing a volume near 200,000 bales, which was far and away above the negative reading that resulted from net cancelations in data from the week before.

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