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Barchart
Barchart
Austin Schroeder

YOU WONT BELIEVE: Cotton seeing green on march 17th - What They Never Told You

Cotton futures are trading with 80 to 90 point gains on Tuesday’s midday. Crude oil is back up $2.17 to $95.67, with the US dollar index down $0.118 to $99.345. 

The Seam showed sales on 17,379 bales on Monday, averaging 63.71 cents/lb. The Cotlook A Index was up 70 points on March 16 at 76.45 cents. ICE certified cotton stocks were unchanged on 3/16, with the certified stocks level at 116,789 bales. The Adjusted World Price was back up just 6 points on Thursday to 51.50 cents/lb. 

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