Cotton #2 Jul '24 (CTN24)
Cotton #2 Futures Market News and Commentary
Cotton futures resumed gains on the Thursday session, as contracts closed with 17 to 81 cent gains. The US dollar index was 0.234 higher at $98.655. Crude oil was up another $4.04 to $97.00.
Export Sales data showed a total of 119,947 RB of old crop cotton sold in the week of 4/16, which was the lowest in 15 weeks. Vietnam was the top buyer of 62,100 RB, with 22,400 RB sold to Turkey. New crop sales totaled 57,078 RB. Turkey was the buyer of 17,600 RB, with 17,600 RB sold to Indonesia. Shipments were at 296,379 RB in that week, a 5-week low. Vietnam was the top destination of 89,000 RB, with 46,600 RB headed to Pakistan.Â
The Seam showed 546 bales sold on April 22 at an average of 68.85 cents/lb. The Cotlook A Index was another 110 points higher on Wednesday at 90.55 cents. ICE certified cotton stocks were down 179 bales on decertification on April 22, with the certified stocks level at 165,681 bales. The Adjusted World Price was up another 365 points on Thursday afterno... Read more
Barchart · 1 hour ago
Cotton futures resumed gains on the Thursday session, as contracts closed with 17 to 81 cent gains. The US dollar index was 0.234 higher at $98.655. Crude...
Barchart · Thu Apr 23, 1:31PM CDT
May NY world sugar #11 (SBK26 ) on Thursday closed up +0.03 (+0.22%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.80 (+0.90%). Sugar prices...
Barchart · Thu Apr 23, 1:29PM CDT
May ICE NY cocoa (CCK26 ) on Thursday closed up +30 (+0.90%), and May ICE London cocoa #7 (CAK26 ) closed up +19 (+0.76%). Cocoa prices settled higher...
Barchart · Thu Apr 23, 1:27PM CDT
July arabica coffee (KCN26 ) on Thursday closed up +11.20 (+3.87%), and May ICE robusta coffee (RMK26 ) closed up +153 (+4.32%). Coffee prices rallied...
Barchart · Thu Apr 23, 12:15PM CDT
Cotton futures are trading with 45 to 75 point gains on Thursday. The US dollar index was 0.108 higher at $98.520. Crude oil is up another $2.34 to $95.19....
Barchart · Thu Apr 23, 11:25AM CDT
May NY world sugar #11 (SBK26 ) today is up +0.04 (+0.29%), and Aug London ICE white sugar #5 (SWQ26 ) is up +3.80 (+0.90%). Sugar prices are climbing...
Barchart · 1 hour ago
The wheat complex was in rally mode on Thursday. KC HRW futures led the wheat rally, with gains of 10 ½ to 29 ¼ cents, led by the front months. Chicago...
Barchart · 1 hour ago
Lean hog futures rounded out the Thursday trade with contracts 20 to 82 cents higher. USDA’s national base hog price was not reported on Thursday afternoon...
Barchart · 1 hour ago
Corn futures closed the Thursday session with most contracts ½ to 2 ¾ cents higher. The CmdtyView national average Cash Corn price as up 1 3/4 cents...
Barchart · 1 hour ago
Live cattle futures saw 22 cent to $1.05 gains to close out the Thursday session. Cash trade this week has been centered around $246 across the country....
Barchart · 1 hour ago
Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4...
Barchart · 1 hour ago
Cotton futures resumed gains on the Thursday session, as contracts closed with 17 to 81 cent gains. The US dollar index was 0.234 higher at $98.655. Crude...
Barchart · Thu Apr 23, 4:02PM CDT
Apple’s leadership shift arrives as the company pushes into AI, but execution risks and China exposure remain in focus.
Barchart · Thu Apr 23, 3:34PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100...
