Cotton futures are trading with losses of 45 to 73 points in most contracts on Wednesday. The US Dollar Index is up $0.296 at $99.480. Crude oil rises another $1.96 to $95.72
The Seam on Tuesday reported sales of 137 bales at an average of 69.80 cents/pound. The Cotlook A index rose 55 points on June 2 to 86.2805 cents. Stocks of ICE-certified cotton increased by 459 bales on June 2, with a certified stock level of 243,450 bales. The adjusted world price fell another 519 points last week to 63.49 cents/pound.
More Barchart news
July 26 Cotton is at 76.31, down 73 points.
December 26 Cotton is at 80.05, 49 points lower.
March 27 Cotton is at 81.24, 48 points less
As of the date of publication, Austin Schroeder had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com