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Wednesday, February 08, 2006

A wild and wooly day in Cotton!

It was a turn-around Wednesday in the Cotton market, as commodity funds, who were net sellers yesterday, bought back their positions, as a commodity-wide sell-off did not spread to a second day. The market was well supported right from the opening, as speculators used yesterday's market plunge as a chance to buy-in at a good price. Read More....