Cotton #2 Oct '27 (CTV27)
Cotton #2 Futures Market News and Commentary
Cotton futures were down 1 to 12 points across most front months on Friday, with May the lone hold out, up 20 points. May was still down 40 points this week. The US dollar index is slipping 0.2622 lower at $98.340. Crude oil was back down 97 cents to $94.88.
Spec traders were busy increasing their fresh bullish bet in cotton futures and options in the week ending on April 21 by another 17,639 contracts. That net long was 34,464 contracts by Tuesday, the largest in nearly 2 years.
Export Sales data has export commitments at 10.58 million RB, which is 2% below last year’s total for this time. That is also 93% of the USDA export projection and lags the 101% 5-year average sales pace.
The Seam showed 4,899 bales sold on Thursday at an average of 71.79 cents/lb. The Cotlook A Index was back down 215 on April 23 at 88.40 cents. ICE certified cotton stocks were steady on 4/23, with the certified stocks level at 165,681 bales. The Adjusted World Price was up another 365 po... Read more
Barchart · Fri Apr 24, 5:22PM CDT
Cotton futures were down 1 to 12 points across most front months on Friday, with May the lone hold out, up 20 points. May was still down 40 points this...
Barchart · Fri Apr 24, 1:25PM CDT
May NY world sugar #11 (SBK26 ) on Friday closed up +0.33 (+2.43%), and Aug London ICE white sugar #5 (SWQ26) closed up +7.80 (+1.82%). Sugar prices extended...
Barchart · Fri Apr 24, 1:23PM CDT
July ICE NY cocoa (CCN26 ) on Friday closed down -27 (-0.78%), and May ICE London cocoa #7 (CAK26 ) closed down -13 (-0.51%). Cocoa prices settled lower...
Barchart · Fri Apr 24, 1:21PM CDT
July arabica coffee (KCN26 ) on Friday closed down -5.45 (-1.81%), and May ICE robusta coffee (RMK26 ) closed down -9 (-0.24%). Coffee prices fell from...
Barchart · Fri Apr 24, 12:26PM CDT
Cotton futures are slipping 1 to 26 points in the front months so far on the Friday session. The US dollar index is slipping 0.242 lower at $98.365. Crude...
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