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Cotton #2 Dec '17 (CTZ17)

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Brugler report

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Cotton futures are higher on Friday, as most contracts are up 11 to 40 points. The new AWP is 64.60 cents/lb through next Thursday, a drop of 2.71 cents/lb from the previous week. All upland cotton export commitments are 64% larger than last year. 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 is at 71.47, up 33 points, Oct 17 Cotton is at 68.43, up 40 points Dec 17 Cotton is at 66.85, up 11 points Mar 18 Cotton is at 66.930, up 26 points
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