Cotton - jeff-hutcheson-i-62dBYw_vM-unsplash
The AM cotton trade is working 30 to 50 points higher across the front months. Cotton futures faded in the afternoon but stayed above their session lows. Old crop contracts ended the day 30 to 52 points lower after giving back midday gains. New crop settled 18 to 47 points in the red.Â
The Cotlook A Index up 130 points on 4/11 to 96.15 cents/lb. The adjusted world price for cotton is 69.88 cents/lb, through Thursday. Â
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May 23 Cotton  closed at 82.45, down 30 points, currently up 52 points
Jul 23 Cotton  closed at 82.39, down 52 points, currently up 39 points
Dec 23 Cotton  closed at 82.43, down 47 points, currently up 35 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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