Raymondville Chronicle

COTTON MARKET WEEKLY

Price action was extremely volatile this week

April 1, 2022 May futures prices surged Friday and Monday to consecutive, fresh life-of-contract highs. The lead contract was able to reach a high of 141.80 cents per lb. on Monday before resistance began to kick in. From there price action was extremely volatile and more two-sided. The lead contract flip-flopped higher and lower for the rest of the week, […]

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