Cotton futures closed the Thursday session with contracts 47 to 72 points in the green. Crude oil futures were 95 cents/barrel higher. The US dollar index was higher, up $0.277 to $97.220.
Export Sales data showed a total of 32,748 RB in net reductions for old crop cotton in the week ending on 7/17. New crop was net sales of 132,624 RB, the second largest this MY. Shipments were pegged at 184,849 RB, which was back up from the week prior. Vietnam was the top buyer of 46,700 RB, with 28,500 RB to Pakistan.
