Cotton - amber-martin-9pvTSsNV2T4-unsplash
Cotton prices are working off their lows at midday, but are still 5 to 20 points in the red. Dec cotton is the exception holding at a 129 point loss near the day’s low. March was down by 268 points earlier in the session.
Cotlook A Index was UNCH at 101.35 cents for 11/25. The Seam reported 2,547 bales of cotton was sold on 11/22 for 84.71 average gross price. The AWP for the week was 317 points lower to 74.61 cents. ICE certified stocks were 8,901 bales on 11/23.
Dec 22 Cotton is at 80.05, down 129 points,
Mar 23 Cotton is at 80.12, down 6 points,
May 23 Cotton is at 79.36, down 17 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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