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Cotton #2 May '18 (CTK18)

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Brugler report

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Mon Mar 19, 4:06PM CDT
Cotton futures finished the Monday session with most contracts 108 to 162 points in the red. Last week’s CFTC Cotton on Call report showed mills trimming their May unfixed call sales position by 1,039 contracts to 31,952 contracts as of March 9. The Cotlook A index was UNCH from the previous day on March 16 at 92.85 cents/lb. The Adjusted World Price (AWP) was updated to 75.12 cents/lb on Thursday, 99 cents above the previous week. China sold another 20,700 MT of cotton offered at an auction of state reserves on Monday, totaling 69.13% of the amount offered.May 18 Cotton closed at 81.230, down 162 points,Jul 18 Cotton closed at 81.520, down 146 pointsOct 18 Cotton closed at 78.300, down 108 points
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