Cotton Mixed on Friday
Cotton futures showing mixed action on Friday, with front months up 6 to 49 points and December and beyond down 3 to 22 points. The outside markets are providing a mixed influence, with crude oil up 45 cents/barrel and the US dollar index 469 points higher.
ICE certified cotton stocks were up another 3,283 bales on April 25 at 181,430 bales. The Cotlook A Index was down another 45 points to 87.80 cents/lb on April 25. The AWP dropped another 85 points to 61.33 in Thursday afternoon’s release and is good through next Thursday.
May 24 Cotton is at 80.07, up 49 points,
Jul 24 Cotton is at 81.35, up 27 points,
Dec 24 Cotton is at 77.61, down 3 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.