Cotton

Cotton futures are mostly 65 to 82 points in the green on Thursday. The US dollar is weaker this morning, showing losses of 261 points at the moment. The weekly Export Sales report is delayed until Friday due to the New Year’s Holiday. The USDA Adjusted World Price (AWP), currently at 70.62 cents/lb will be updated later today. The Cotlook A Index for January 3 was 105 points lower than the previous day at 88.30 cents/lb. Online cash sales of 16,087 bales were reported on the Seam, with an average price of 70.17 cents/lb, down 160 points from the day prior.

Mar 18 Cotton is at 78.93, up 82 points,

May 18 Cotton is at 79, up 74 points

Jul 18 Cotton is at 79.33, up 65 points




Market Commentary provided by:

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