Cotton #2 Dec '10 (CTZ10)
Cotton #2 Futures Market News and Commentary
Cotton price action is up 12 to 19 points on Wednesday morning. Futures posted 66 to 114 point gains across the board on Tuesday. The US dollar index was 0.278 higher at $98.185. Crude oil was up another $2.19 to $91.80
NASS Crop Progress data showed 11% of the US cotton crop planted as of April 19, which was 1 percentage point ahead of the 5-year average of 10%. All of the 15 major states reported were at or ahead of average, with exception to LA and VA, with TX matching the normal pace at 16%.
The Seam showed just 64 bales sold on Monday at an average of 65.98 cents/lb. The Cotlook A Index was 175 points higher on 4/20 at 89.10 cents. ICE certified cotton stocks were steady on April 20, with the certified stocks level at 164,967 bales. The Adjusted World Price was up another 287 points on Thursday at 61.61 cents/lb.Â
May 26 Cotton  closed at 78.26, up 66 points, currently up 17 points
Jul 26 Cotton  closed at 80.86, up 82 points, currently up 19 points
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Barchart · Wed Apr 22, 7:31AM CDT
Cotton price action is up 12 to 19 points on Wednesday morning. Futures posted 66 to 114 point gains across the board on Tuesday. The US dollar index was...
Barchart · Tue Apr 21, 5:11PM CDT
Cotton futures posted 66 to 114 point gains across the board on Tuesday. The US dollar index was 0.278 higher at $98.185. Crude oil was up another $2.19...
Barchart · Tue Apr 21, 1:27PM CDT
May NY world sugar #11 (SBK26 ) on Tuesday closed down -0.04 (-0.30%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.40 (+1.05%). Sugar prices...
Barchart · Tue Apr 21, 1:25PM CDT
May ICE NY cocoa (CCK26 ) on Tuesday closed down -78 (-2.37%), and May ICE London cocoa #7 (CAK26 ) closed down -51 (-2.06%). Cocoa prices retreated on...
Barchart · Tue Apr 21, 1:23PM CDT
May arabica coffee (KCK26 ) on Tuesday closed down -3.20 (-1.10%), and May ICE robusta coffee (RMK26 ) closed down -25 (-0.72%). Coffee prices settled...
Barchart · Tue Apr 21, 12:18PM CDT
Cotton futures are trading with contracts another 60 to 85 points higher across the front months on Tuesday. The US dollar index is 0.313 higher at $98.220....
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