The Softls Review for The Week of February 14th, 2011

As usual, it’s time for us to be back to review the soft review with Pitguru Jurgens H. Bauer. Now, let’s see what’s new on soft and other futures markets by the way!
The Softs Review
For the week of February 14th, 2011

In cotton, it’s still anybody’s guess as to where (and when) this market may find a top. On Friday afternoon March options expired, and went out hugging $1.90.00. It will be important to see what Open Interest remains following expiration. Even with a dramatic decline as options offset numerous contracts the level still ought to be high. Then the exchange has to expect a large number of contracts to be offset prior to FND, (a week from Tuesday) as per the new rule that no one without a "true" hedged position can carry more than 300 contracts into notice period. Will there be enough fuel left to keep this uptrend […]

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