Cotton

Cotton futures are currently mixed at midday. Nearby May is down 15 points, with July 4 points higher. The USDA Adjusted World Price (AWP) was updated to 74.32 cents/lb, up 2.32 cents from the previous week. The Cotlook A index was down 10 points from the previous day at 92.95 cents/lb. Cash sales of 14,450 bales were reported at an average price of 73.27 cents/lb on Friday. CFTC data shows the spec fund longs added 210 contracts to their net long position in the week ending April 10, taking it to 76,276 contracts of futures and options.

May 18 Cotton is at 83.26, down 15 points,

Jul 18 Cotton is at 83.39, up 4 points

Dec 18 Cotton is at 78.520, down 39 points




Market Commentary provided by:

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