Cotton futures are showing 75 to 86 point gains so far on the Wednesday session. Crude is down $1.17 per barrel on the session, with the US dollar index holding steady.
The Seam reported 2,550 bales sold on Tuesday, at an average of 76.22 cents/lb. The Cotlook A index was back up by 20 points on October 20 at 91.15. ICE certified cotton stocks up 2,000 bales on 10/20, with the certified stocks level at 18,618 bales. The Adjusted World Price was back up 80 points last week to 64.61 cents/lb.
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Dec 26 Cotton is at 81.66, up 78 points,
Mar 27 Cotton is at 85.04, up 86 points,
May 27 Cotton is at 86.7, up 84 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.