Cotton -marianne-krohn-RNqZbnBnMQk-unsplash
Front month cotton futures up by 90 to 100 points so far into the new week of trading.
The Cotlook A Index from 3/3 was 170 points weaker to 98.40 cents/lb. USDA’s weekly Cotton Market Review showed 31,860 bales were sold at spot this week for an average price of 82.41 cents. The AWP for cotton is now 72.73 cents/lb from 70.78 cents.
May 23 Cotton is at 85.11, up 94 points,
Jul 23 Cotton is at 85.7, up 91 points,
Dec 23 Cotton is at 85.2, up 94 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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