Cotton Market Fundamentals & Price Outlook

The latest USDA report featured a small increase in 2019/20 globalproduction and a decrease in 2019/20 global mill-use. The addition to theworld harvest projection was 263,000 bales, bringing the current forecastto 121.6 million. The world consumption figure fell 850,000 bales,bringing the current forecast to 118.2 million.Along with an increase in beginning stocks (+191,000 bales to

Oil Price Fundamental Outlook Mired by Great Lockdown

CRUDE OIL PRICE TALKING POINTS\ The price of oil recovers from the collapse in the May futures contract, but the economic shock from COVID-19 may continue to drag on crude as the Great Lockdown disrupts global demand, with the oil surplus raising the cost of storage. FUNDAMENTAL FORECAST FOR CRUDE OIL: BEARISH The fundamental outlook for crude remains
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