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Cotton #2 May '19 (CTK19)

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Cotton #2 Futures Market News and Commentary

Cotton Market News and Commentary

Cotton futures were up 7 to 33 points in most contracts on Tuesday. A weaker US dollar was supportive, along with higher crude oil. First Notice day for March Cotton is on Friday. Another round of US/China trade talks are continuing this week in Washington DC, with the higher level talks taking place later in the week. Managed money spec funds were continuing to add to their net short position in the week of Jan 29, at -11,412 contracts in cotton futures and options on that date. The Cotlook A Index was up 10 points on February 18 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday.Mar 19 Cotton closed at 70.410, up 19 points,May 19 Cotton closed at 72.190, up 33 pointsJul 19 Cotton closed at 73.480, up 24 points --provided by Brugler Marketing & Management
  • Softs Report 02/19/19

    COTTON General Comments: Cotton was lower last week and made new lows for the move. Trends are down on the daily and the weekly [...]

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