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A fter drifting sideways throughout most of February, cotton prices surged higher late in the month and climbed to their highest levels in 10 months in early March. Values for the May New York futures contract have been consistently above 86 cents/ lb in recent trading. In the first half of February, May futures traded between 82 and 85 cents/lb.
A fter drifting sideways throughout most of February, cotton prices surged higher late in the month and climbed to their highest levels in 10 months in early March. Values for the May New York futures contract have been consistently above 86 cents / lb in recent trading. In the first half of February, May futures traded between 82 and 85 cents / lb.