Cotton #2 Futures PricesMon, Jul 21st, 2014
Latest Brugler Cotton #2 Report
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Cotton futures closed 11 points lower to 9 points higher. Crude oil gained $1.56 on the day, and the dollar index was slightly higher. China cotton futures on the Zhengzhou exchange for Jan delivery were up 0.21%. Certified stocks were last reported at 290,975 bales, with 24 new certs, 16,776 decerts, and 0 bales awaiting review. The Cotlook A Index is unchanged at 83.05. USDA this afternoon showed 85% of the crop has reached the squaring stage. Boll set is at 38%, slightly above the 37% average for this date. Cotton condition rating was 52% good/ex, down from 53% last week.
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