Market Insight: 150 Tons of Cotton Transactions Recorded on the IHB

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Market Insight: 150 Tons of Cotton Transactions Recorded on the IHB

Forex - A transaction of 150 tons of cotton took place at the Izmir Commodity Exchange.
42 colors of 75 tons of Menemen cotton were sold for 55.00 TL on a one-week maturity, and 75 tons of cotton were sold by a trader.
Cottonseed oil was sold by the depot for 9.50 TL, while the buyer for 53 and 43 color cotton was between at least 51.00 TL and at most 52.00 TL; the seller for the same was at most 53.00 TL, for 52 color cotton the buyer was at least 52.00 TL and the seller at least 53.00 TL, for 42 color cotton at least 55.00 TL, for 32 color cotton the buyer was at most 56.00 TL and the seller at most 57.00 TL, and for 41 color cotton the buyer was at least 56.00 TL and the seller at least 57.00 TL.
It was observed that the market is experiencing a related trend.