CME Cotton #2 Mar '24 (KGH24)
CME Cotton #2 Futures Market News and Commentary
Cotton futures closed the Friday session with contracts 53 to 112 points. December managed to close the week with a 181 point gains. Crude oil was back up $3.21 per barrel, with the US dollar index back up $0.016.
Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options trimming back 799 contracts to their net long in the week ending on Tuesday to 52,410 contracts.
Export Sales data has accumulated export business at 12.032 million RB, which is 102% of the USDA export projection. Accumulated shipments are 10.908 million RB, or 93% of the USDA number and lags the 96% shipping pace from last year. New crop business at 2.879 million RB is 36.72% above the same period last year.
The Cotlook A Index was down another 100 points Thursday at 88.75 cents. ICE certified cotton stocks were unchanged on July 30, with the certified stocks level at 90,699 bales. The Adjusted World Price was raised by 84 points on Thursday to... Read more
Barchart · Fri Jul 31, 5:11PM CDT
Cotton futures closed the Friday session with contracts 53 to 112 points. December managed to close the week with a 181 point gains. Crude oil was back...
Barchart · Fri Jul 31, 1:53PM CDT
October NY world sugar #11 (SBV26 ) on Friday closed up +0.23 (+1.59%), and October London ICE white sugar #5 (SWV26 ) closed up +4.90 (+1.07%). Sugar...
Barchart · Fri Jul 31, 1:52PM CDT
September ICE NY cocoa (CCU26 ) on Friday closed up +285 (+5.58%), and September ICE London cocoa #7 (CAU26 ) closed up +201 (+5.28%). Cocoa prices are...
Barchart · Fri Jul 31, 1:51PM CDT
September arabica coffee (KCU26 ) on Friday closed up +9.05 (+2.80%), and September ICE robusta coffee (RMU26 ) closed up +2 (+0.05%). Arabica coffee settled...
Barchart · Fri Jul 31, 12:32PM CDT
Cotton futures are trading with contracts 40 to 60 points higher so far on Friday. Crude oil is back up $1.45 per barrel, with the US dollar index back...
Barchart · Sat Aug 1, 2:30PM CDT
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