Cotton

Cotton futures were 22 to 78 points lower on Wednesday, despite another round of sharp losses in the US dollar. The weekly Export Sales report will be released on Thursday, with upland cotton sales expected to be lower than last week’s 402,400 RB. The USDA Adjusted World Price or AWP currently at 69.45 cents/lb will be updated on Thursday. The Cotlook A index on February 13 was 87.35 cents/lb, down 20 points from the previous day. Cash sales reported on the Seam were shown at 6,295 bales on Tuesday, with the average price down 190 points from the previous day at 67.11 cents/lb.

Mar 18 Cotton closed at 75.600, down 78 points,

May 18 Cotton closed at 76.970, down 43 points

Jul 18 Cotton closed at 78.000, down 42 points




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