Rolls of Fabric from Cotton
Cotton futures are giving back another 3 to 4 cents in the front months through midday. Dec is now printing new lows for the year.
The Cotlook A index for 10/18 was UNCH at 100.95 cents. USDA’s AWP for cotton is 77.45 cents/lb. ICE certified stocks from 10/14 were 880 bales.
Dec 22 Cotton is at 78.29, down 400 points,
Mar 23 Cotton is at 77.97, down 347 points,
May 23 Cotton is at 77.52, down 306 points
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.
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