Cotton -marianne-krohn-RNqZbnBnMQk-unsplash
The nearby cotton trade left the board 39 to 115 points in the red. The Dollar Index closed off its day session highs and ended another 0.24% lower for Tuesday. Last week the dollar was at its weakest since April.
The Seam reported another 19,196 bales were sold on 1/23 for an average gross price of 82.26 cents/lb. The Cotlook A Index was 270 points higher at 131.80 cents as of 1/23. The AWP for cotton was 72.43 cents. ICE Certified Stocks were 8,900 bales as of 1/18.
Mar 23 Cotton closed at 86.24, down 115 points,
May 23 Cotton closed at 86.78, down 101 points,
Jul 23 Cotton closed at 87.23, down 83 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. For more information please view the Barchart Disclosure Policy here.
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