Cotton futures fell between 2 and 5 points on Wednesday in the first months, losing some of their initial strength. Crude oil futures are up another 50 cents a barrel to $61.65. The US Dollar Index is down $0.049 to $98.860. The Seam’s Jan. 13 online auction showed sales of 60.08 cents/pound on 14,042 bales….
Cotton price action is up 10 to 15 points so far on Wednesday. Futures saw stronger trading on Tuesday, with contracts closing 40 to 45 points higher. Crude oil futures rose 46 cents a barrel to $58.47. The US Dollar Index fell again by $0.364 to $97.590. The markets will be closed on Thursday for…
Cotton futures show gains of 13 to 42 points in most contracts midday Friday. Crude oil futures rose 50 cents a barrel to $58.56 on the day, with the US dollar index up $0.027 at $100.140. Traders’ Commitment data, still delayed due to the government shutdown, showed hedge funds in cotton futures and options added…
