Cotton fell for the first time in three days on speculation that efforts by central banks to revive growth may fail to overcome increased global supplies of the fiber. Orange juice also declined.
Cotton futures rose on mounting signs of a global shortfall. Orange-juice prices gained.
Cotton futures rose the most in six weeks on renewed signs that global demand will outpace limited supplies. Orange juice gained.
Cotton futures tumbled, capping the biggest weekly loss in 20 months, as India may boost output and China moved again to cool the economy.
Cotton futures fell after a report showing slower U.S. exports raised concern that a three-day rally may have pushed prices higher than justified by current demand. Orange juice also declined.
Cotton futures fell for the third straight day as the dollar strengthened, lowering the investment appeal of some raw materials. Orange juice rose.
Cotton futures rose, closing at the highest price since 1995, on concern that supplies will fall short amid rising demand from Asia. Orange-juice fell for the first time in a week.
Cotton futures topped $1 a pound in New York for the first time since 1995 as supplies plunged and demand increased from textile mills.
Cotton slumped to the lowest in more than three months on concern that demand may weaken as rising global interest rates slow growth. Orange juice also dropped.
Cotton climbed for the second straight session on speculation that production will drop in the U.S., the world’s largest exporter. Orange-juice futures rose.
"The export numbers were a little disappointing."
- Tom Reardon on Oct 07, 2011