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The nearby cotton market ended Tuesday just ~10 points off the day’s high on triple digit gains. December closed above the 87 c/lb mark for the first time since August of 2022.
The Cotlook A Index was 30 points stronger to 94.65 cents/lb on 7/24. The AWP for the week is 66.18 cents.
Dec 23 Cotton closed at 87.07, up 191 points,
Mar 24 Cotton closed at 86.99, up 184 points,
May 24 Cotton closed at 86.73, up 163 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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