Cotton Fabric and Textiles on Spools
Front month cotton futures are down 139 to 176 points so far for Tuesday. For the May contract that has the board back to the lowest levels since Feb 24th.Â
The Dollar Index is sharply higher so far with a 0.98% gain to the highest mark since 1/6 (by 25 points), and the second highest mark since 12/7.Â
The Cotlook A Index was 50 cents firmer on 3/6 to 98.9 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.Â
Mar 23 Cotton  is at 83.12, down 174 points,
May 23 Cotton  is at 83.09, down 162 points,
Jul 23 Cotton  is at 83.84, down 160 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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