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Cotton #2 Jul '17 (CTN17)

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Brugler report

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Thu Apr 27, 4:08PM CDT
Cotton futures posted losses of 26 to 143 points in most contracts on Thursday. The US Dollar was 91 points higher on the session. The new AWP (average world price) effective tomorrow through next Friday is 69.85 cents/lb, up 88 points from the previous week. This morning’s US upland cotton export sales were lower again at 115,486 RB. This would be down 48.96% week to week, but was up 137.17% yr/yr. Export shipments fell 15.69% from the previous week, but were still 23.79% larger than last year at 302,374 MT. The Cotlook A index for April 26 was 50 cents higher at 88.80 cents/lb. May 17 Cotton settled at 79.320, down 137 points, Jul 17 Cotton settled at 77.960, down 143 points Oct 17 Cotton settled at 75.780, down 84 points Mar 18 Cotton settled at 74.060, down 55 points
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