Market Overview: No Cotton Transactions Occurred at ITB
Forex - There were no cotton transactions at the İzmir Commodity Exchange.
According to information compiled from the İzmir Commodity Exchange bulletin, the minimum buying price for 31 color cotton was 59.00 TL, while the minimum selling price was 60.00 TL. For 41 color cotton, the maximum buying price was 58.50 TL, and the selling price ranged between 59.00-60.00 TL. For 42 color cotton, the minimum buying price was 57.50 TL, and the minimum selling price was 58.00 TL. The maximum buying price for cottonseed oil was quoted by sellers at 9.50 TL for storage.
It was observed that the market showed a lack of transactions.