MARKET INSIGHT - 340 Tons of Cotton Traded at the İTB

Forex - A total of 340 tons of cotton was traded on the İzmir Commodity Exchange.

Söke and Menemen cotton, in 42 colors, were sold at 55.00 TL per ton for one-week delivery, with 50 tons each. Tariş sold 110 tons of Ortaca cotton in 41 colors at 56.00 TL and 130 tons of Kınık cotton in 42 colors at 55.00 TL for cash.

According to information compiled from the İzmir Commodity Exchange Bulletin, the price range for 42 color cotton was at least 55.00 TL, with buyers offering up to 56.00 TL for 32 color cotton and at least 56.00 TL for 41 color cotton.

It was observed that the market followed a related trend.