Cotton futures are trading with 84 to 97 point gains across most contracts on Monday. The outside factors are mixed, as the US dollar index is down 633 points, with crude oil $0.41/barrel higher.
The Seam reported 2,677 bales of online sales on January 3 at an average price of 59.86 cents/lb. ICE cotton stocks were unchanged on Friday, at 20,113 bales of certified stocks. The Cotlook A Index was steady on 1/3 at 79.05 cents/lb. The USDA Adjusted World Price (AWP) was up 48 points from the previous week on Thursday at 55.03 cents/lb.
Mar 25 Cotton is at 68.63, up 97 points,
May 25 Cotton is at 69.73, up 92 points,
Jul 25 Cotton is at 70.73, up 84 points
On the date of publication, Austin Schroeder 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. More news from Barchart- New Year, New Challenges: Taking A Look At What's Impacting Grain Prices
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