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Barchart
Barchart
Austin Schroeder

Cotton Posting Modest Gains on Wednesday

Ice Oil United States US Dollar

Cotton futures are trading with midday gains of 14 to 20 points across the front months on Wednesday. Crude oil is back up $2.06 per barrel on the session, with the US dollar index $0.074 higher.

The Cotlook A index was back up 10 points on Tuesday at 93.35. ICE certified cotton stocks were unchanged on September 29, with the certified stocks level at 28,064 bales. The Adjusted World Price was down 283 points last week to 66.09 cents/lb.

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