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Barchart
Barchart
Austin Schroeder

Cotton Back to Higher Trade on Thursday

Cotton futures are trading with 45 to 75 point gains on Thursday. The US dollar index was 0.108 higher at $98.520. Crude oil is up another $2.34 to $95.19.

Export Sales data showed a total of 119,947 RB of old crop cotton sold in the week of 4/16, which was the lowest in 15 weeks. New crop sales totaled 57,078 RB. Shipments were at 296,379 RB in that week, a 5-week low.

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