Cotton Rises to Two-Month High on Economy; Orange Juice Declines

18/01/2012 at 10:11 am Leave a comment

Cotton futures jumped to a two month-high on speculation that better-than-expected economic data in China, the U.S. and Germany signals higher demand for raw materials. Orange juice dropped.

Global equities rallied after gross domestic product in China, the world’s second-largest economy, grew 8.9 percent in the fourth quarter, above the median in a Bloomberg News survey. A U.S. Federal Reserve report showed manufacturing in the New York region increased at the fastest pace in nine months, and German investor confidence rose by a record.  To read the rest of the story click here.

Advertisements

Entry filed under: Agriculture, Business, Cotton, Economy, Farming, Flax, Organic Cotton, Sustainability, Textiles. Tags: , , , , , , .

Governor Kitzhaber Praises NAT Textiles 2012: The Prognosis Good

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 113 other followers

Flickr Photos

Categories


%d bloggers like this: