Cotton yarn via Kelly Sikkema via Unsplash
Cotton futures are trading with 60 to 66 point losses so far on Monday. Crude oil is up $3.44 per barrel, with the US dollar index $0.232 higher.
The Seam reported 246 bales sold on the August 7 sale, with an average price of 81.82 cents. The Cotlook A Index was up 20 points on 8/7 to 93.70 cents. ICE certified cotton stocks were steady on Friday, with the certified stocks level at 84,632 bales. The Adjusted World Price was raised by 163 points last week to 66.29 cents/lb.
Oct 26 Cotton is at 82.56, down 66 points,
Dec 26 Cotton is at 83.77, down 63 points,
Mar 27 Cotton is at 85.58, down 60 points
On the date of publication, Austin Schroeder 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.
/NVIDIA%20Corp%20video%20chip-by%20Antonio%20Bordunovi%20via%20iStock.jpg)
/Space/Rocket%20lift%20off%20by%20Alones%20via%20Shutterstock.jpg)
/A%20close-up%20of%20an%20AMD%20office%20by%20gehapromo%20via%20Adobe%20Stock.jpeg)