Cotton futures settled the Thursday trade with contracts anywhere from 9 points higher to 8 points lower. The outside markets were mixed factors, with the US dollar index down 143 points and crude oil $0.46/barrel lower.
The Seam reported 441 bales of online sales on December 24 at an average price of 58.80 cents/lb. ICE cotton stocks were unchanged on Tuesday, at 20,113 bales of certified stocks. The Cotlook A Index was up 130 points on 12/24 at 79.60 cents/lb. The USDA Adjusted World Price (AWP) was cut by another 54 points this week to 54.55 cents/lb. It is good through next Thursday.
Mar 25 Cotton closed at 68.75, down 3 points,
May 25 Cotton closed at 69.86, down 2 points,
Jul 25 Cotton closed at 70.88, up 3 points
On the date of publication,
Austin Schroeder
did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy
here.
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