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Cotton #2 Mar '18 (CTH18)

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Brugler report

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Wed Apr 25, 4:41PM CDT
Cotton futures posted sharp 175 to 250 point gains in the nearby contracts on Wednesday. The US dollar index was not much factor on the day, up 484 points. Drier weather is seen over most of TX during the next week. The Cotlook A index was down 60 points from the previous day at 93.20 cents/lb. The Adjusted World Price, effective through Thursday, is currently at 74.16 cents/lb. China sold 14,648 MT of cotton from states reserves on Wednesday, totaling 48.82% of the total offered.May 18 Cotton closed at 84.760, up 250 points,Jul 18 Cotton closed at 83.940, up 243 pointsOct 18 Cotton closed at 80.890, up 175 points
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