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Barchart
Barchart
Austin Schroeder

Cotton Bulls Pushing Back on Friday

Cotton futures are trading with 12 to 23 point gains so far on the Friday. The US dollar index is back down $0.189 to $98.040, as crude oil futures are up 26 cents.

The Cotlook A Index was down 25 points at 78.00 cents on August 6. ICE cotton stocks were down 3,375 bales on 8/7 via decertifications, with the certified stocks level at 18,242 bales. USDA’s Adjusted World Price (AWP) was down 13 points on Thursday afternoon at 54.39 cents/lb. 

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