Cotton futures posted losses of 8 to 25 factors throughout most contracts on Tuesday. The US greenback index was again down $0.215 on Tuesday to $98.815, with crude oil $0.85/barrel decrease.
Monday’s on-line public sale from The Seam confirmed 628 bales bought with a mean worth of 60.94 cents/lb. The Cotlook A Index was down 75 factors on Friday at 75.30 cents. ICE licensed cotton shares have been up 122 bales on October 13, with the licensed shares stage at 16,593 bales.
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Dec 25 Cotton is at 63.51, down 8 factors,
Mar 26 Cotton is at 65.09, down 17 factors,
Could 26 Cotton is at 66.31, down 25 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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