Mixed Close for Cotton Futures
Front month cotton futures ended Tuesday mixed within 10 points of UNCH. March contracts saw an 84 point range on the day.
USDA’s weekly Cotton Market Review had 42,224 bales sold during the week with prices averaging 76.75 cents. The Seam reported 22,424 bales were sold online on 1/11 for an average gross price of 75.71 cents/lb. The Cotlook A Index was 25 points stronger on 1/9 to 90.65 cents/lb. The AWP was up by another 80 points to 64.96 cents/lb., effective through next Thursday.
Mar 24 Cotton closed at 81.33, up 2 points,
May 24 Cotton closed at 82.28, down 1 points,
Jul 24 Cotton closed at 82.95, up 1 points
On the date of publication, Alan Brugler 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.
