Cotton futures closed the Thursday session with contracts down 38 to 41 factors within the nearbys. Crude oil futures have been down 95 cents per barrel at $59.67. The US greenback index was down $0.473 to $98.090.
The Wednesday on-line public sale from The Seam confirmed gross sales of 59.15 cents/lb on 17,692 bales. The Cotlook A Index was down 25 factors on January 21 at 74.55 cents. ICE licensed cotton shares have been unchanged on 1/21 with the licensed shares stage at 10,422 bales. The Adjusted World Value was up to date to 50.99 cents/lb on Thursday afternoon, down 18 factors from the week prior.
Don’t Miss a Day: From crude oil to espresso, join free for Barchart’s best-in-class commodity evaluation.
Mar 26 Cotton closed at 63.91, down 39 factors,
Could 26 Cotton closed at 65.52, down 40 factors,
Jul 26 Cotton closed at 66.99, down 41 factors
On the date of publication,
Austin Schroeder
didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions.
For extra info please view the Barchart Disclosure Coverage
right here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
