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| The Chinese have lied for years about their stocks and the quality of those stocks. They probably need 5 bales to blend with every bale of sh*t they have stored from 8 years ago. Mills must have been rolling contracts for awhile hoping prices would decline now they got a big snowball they gotta do something with. Once west texas starts to come off it will throw some cold water on this market because most of that cotton is unsold due to the lack of acre contracts up there. Just my opinion | |
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Cotton
