Cotton - amber-martin-9pvTSsNV2T4-unsplash
So far Wednesday’s cotton market is 19 to 198 points in the red led by the May. May cotton gapped lower into the session as OI works lower with deliveries. December futures have seen a 135 point range for the day, trading near the session lows.
The Cotlook A Index was 45 points higher to 93.75 cents/lb on 4/25. The AWP for cotton is 70.82 cents.
May 23 Cotton is at 77, down 198 points,
Jul 23 Cotton is at 78.58, down 4 points,
Dec 23 Cotton is at 79.28, down 9 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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