ADMIS News
COTTON
The market remains in a steady uptrend and continues to receive support from an inflationary tilt to many commodity markets. December cotton closed slightly higher on Monday.
COFFEE
Improving demand outlook has combined with bullish supply factors to fuel this leg of its April recovery move. Unless a ‘risk-off’ mood develops in commodity markets, coffee should extend this upmove further into new high ground.
COCOA
Cocoa has been dealing with near-term demand issues since the start of last year, but the prospect for improved global demand has provided support to the market during the last three weeks. If global risk sentiment can remain positive while COVID vaccine usage continues to increase, cocoa prices can firm up.
SUGAR
The market remains in a steady uptrend. With a bullish global supply outlook providing support, sugar is on track to finish April with its largest monthly gain since September 2018.
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