Cotton

Cotton futures finished the Tuesday session with mixed trade. Most front months were 38 to 52 points lower, as back months were 11 to 32 points higher. Pressure in the nearby contracts came from lower crude oil, as the US dollar was slightly higher at the close. Data from the National Cotton Council’s planting intentions survey will be available next Monday. The USDA Adjusted World Price or AWP is 71.35 cents/lb, through Thursday. The Cotlook A index on February 1 was 88.10 cents/lb, down 95 points from the previous day.

Mar 18 Cotton closed at 76.190, down 38 points,

May 18 Cotton closed at 77.380, down 52 points

Jul 18 Cotton closed at 78.370, down 47 points




Market Commentary provided by:

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