Midday cotton prices are trading with 53 to 123 point gains through the nearby contracts. The front month cotton futures market ended the midweek session with gains of 34 to 48 points. March cotton stayed in a 238 point range from -112 to +126 points. December stayed 113 points below the spot market, but printed the highest mark since September 1st.Â
The Cotlook A Index for 1/24 was 65 points higher at 102.45 cents. The AWP for cotton was 72.43 cents, and will be updated by USDA this afternoon. Â ICE Certified Stocks were 8,900 bales as of 1/18. Â
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Mar 23 Cotton  closed at 86.66, up 42 points, currently up 123 pointsÂ
May 23 Cotton  closed at 87.24, up 46 points, currently up 116 points
Jul 23 Cotton  closed at 87.71, up 48 points, currently up 102 points
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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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