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Barchart
Barchart
Austin Schroeder

Cotton Showing Thursday AM Losses

Cotton prices action is down 10 to 15 points early on Thursday. Futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995. 

Spec traders in cotton futures and options were trimming their net short position during the week ending on December 2 by 2,212 contracts. That took their net short to 59,787 contracts.

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