Cotton Fabric and Textiles on Spools
Cotton futures settle the Wednesday session with contracts up 106 to 221 points. Much of the strength came via outside markets. After the CPI data release this morning, the US dollar index collapsed 1.139 on the day. .Â
The 7-day QPF shows continued dryness in the panhandle of TX in the next week, with parts of the southeast seeing 1-2 inches of precip.
The Cotlook A Index (old crop) was down 50 points at 113.90 cents on 8/9. USDA’s AWP for cotton dropped 15.04 cents on Thursday, to 89.44 cents/lb. That will be updated on Thursday afternoon.Â
Oct 22 Cotton  closed at 106.75, up 221 points,
Dec 22 Cotton  closed at 100.94, up 187 points,
Mar 23 Cotton  closed at 98.42, up 215 points
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