Cotton futures slipped into the Wednesday shut, as contracts had been down 7 to 12 factors within the entrance months. Crude oil futures had been up $1.26 per barrel on the day at $64.47. The US greenback index was up $0.214 to $97.515.
Tuesday’s on-line public sale from The Seam confirmed gross sales of 55.62 cents/lb on 8,680 bales. The Cotlook A Index was down one other 45 factors on February 3 at 73.35 cents. ICE licensed cotton shares had been up 2,247 on 2/3 with the licensed shares stage at 36,515 bales. The Adjusted World Worth was up to date to 50.23 cents/lb final week.
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Mar 26 Cotton closed at 62.24, down 7 factors,
Could 26 Cotton closed at 63.99, down 12 factors,
Jul 26 Cotton closed at 65.72, down 8 factors
On the date of publication,
Austin Schroeder
didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions.
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