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Cotton #2 Dec '17 (CTZ17)

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Brugler report

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Fri Jun 23, 4:06PM CDT
Cotton futures finally saw green on Friday, as most contracts pulled out gains on the day. The new AWP is 64.60 cents/lb through next Thursday, a drop of 2.71 cents/lb from the previous week. The COT report indicated managed money lowering their net long position in cotton futures and options by 23,571 contracts to a net long position of 45,344 contracts.The Cotlook A index for June 22 dropped 40 points to 82.60 cents/lb. Customs data shows Chinese May imports were up a total of 8.56% since the previous May at 85,482 MT. Of that total 61.52% was from the US, as China May imports from the US rose 52.75% yr/yr. Jul 17 Cotton closed at 72.650, up 151 points, Oct 17 Cotton closed at 68.970, up 94 points Mar 18 Cotton closed at 67.020, up 35 points
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