Cotton futures are trading with 80 to 90 point gains on Tuesday’s midday. Crude oil is back up $2.17 to $95.67, with the US dollar index down $0.118 to $99.345.
The Seam showed sales on 17,379 bales on Monday, averaging 63.71 cents/lb. The Cotlook A Index was up 70 points on March 16 at 76.45 cents. ICE certified cotton stocks were unchanged on 3/16, with the certified stocks level at 116,789 bales. The Adjusted World Price was back up just 6 points on Thursday to 51.50 cents/lb.
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May 26 Cotton is at 69, up 81 points,
Jul 26 Cotton is at 70.9, up 84 points,
Oct 26 Cotton is at 71.67, up 206 points
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
