Cotton Field with Trees in Backgound
Turnaround Tuesday action pushed cotton futures back up by 78 to 234 points. December printed a wide 304 point range on the day, from -8 points to +296.
The Cotlook A index was 175 points stronger on 10/24 to 96.75 cents/lb. USDA’s AWP for cotton is 73.76 cents/lb. ICE certified stocks from 10/20 were 880 bales.
Dec 22 Cotton closed at 78.47, up 234 points,
Mar 23 Cotton closed at 77.94, up 220 points,
May 23 Cotton closed at 77.16, up 161 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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