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Barchart
Barchart
Austin Schroeder

FOUND: Cotton holding steady on wednesday - What They Never Told You

Cotton futures are showing mixed action, with December up 4 points and other neabys down 1 to 2 cents. Crude oil futures are down 85 cents/barrel to $59.71 in the day, with the US dollar index up $0.005 to $100.075.

The Tuesday online auction from The Seam showed 729 bales sold with an average price of 65.95 cents/lb. The Cotlook A Index was up 25 points on 11/4 at 77.10 cents. ICE certified cotton stocks were steady on November 4 with the certified stocks level at 13,749 bales. 

 

Dec 25 Cotton  is at 65.24, up 4 points,

Mar 26 Cotton  is at 66.41, down 1 points,

May 26 Cotton  is at 67.55, down 2 points

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