Cotton -marianne-krohn-RNqZbnBnMQk-unsplash
The rally faded momentum on Tuesday with a tighter range on a mixed mostly lower close. Dec futures ended the day with another 19 point gain and stayed in just over a 3c range. The other front months closed with 9 to 28 point losses. The US dollar index was down 0.45% on the day.
The Cotlook A Index for 11/7 was 400 points stronger to 104.1 cents. USDA’s AWP for cotton is 65.46 cents for the week. Â
Dec 22 Cotton  closed at 87.68, up 19 points,
Mar 23 Cotton  closed at 85.74, down 9 points,
May 23 Cotton  closed at 84.84, down 23 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.
/Technology%20abstract%20by%20TU%20IS%20via%20iStock.jpg)