SUBSCRIBERS
Traders call for action amid cotton delivery delays
Published Sun, Jan 11, 2015 · 09:50 PM
New York
SOME US traders are waiting more than three months to take delivery of their cotton from warehouses, traders said, kindling memories of last year's controversy over logjams and fuelling calls for tougher regulation.
Two merchants were waiting more than two months for bales in sheds in Memphis, the hub of US cotton trading, and Southeast regi…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates
Even without war in the Gulf, pricier petrol is here to stay
Gold gains as Middle East tensions lift safe-haven appeal