iStock-1333742146
Following the loss to start the week, front month cotton prices are bouncing back 60 to 93 points through Turnaround Tuesday’s midday.
The Cotlook A Index for 11/28 was 265 points lower to 98.70 cents/lb. 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 80.8, up 60 points,
Mar 23 Cotton is at 79.76, up 81 points,
May 23 Cotton is at 79.17, up 78 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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