Rolls of Fabric from Cotton
The cotton market is sitting mid-range at midday with 13 to 26 point gains. The July contract has printed a 123 point range from -31 to +92.Â
NASS reported 71% of the 23/24 cotton crop was planted as of 6/4. The weekly update had 6% squaring, behind the 10% normal pace. Cotton conditions were 51% good/ex for a Brugler500 score of 346. That was up 5 points on the index from last week.Â
The Cotlook A Index was 96 cents flat 6/5 after a 65 point drop. The AWP for cotton by is 66.91 c/lb. ICE Certified stocks were 5,865 bales on 6/1.Â
Jul 23 Cotton  is at 85.33, up 54 points,
Dec 23 Cotton  is at 81.74, up 32 points,
Mar 24 Cotton  is at 81.45, up 24 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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