Cotton Reverting Higher on Friday

Cotton futures are up 12 to 43 factors to this point by way of the Friday session. Crude oil futures are again up 22 cents/barrel to $60.80, with the US greenback index again up $0.252 to $99.600.

The October 30 on-line public sale from The Seam confirmed 699 bales offered with a median value of 63.03 cents/lb. The Cotlook A Index was up 100 factors on Thursday at 77.40 cents. ICE licensed cotton shares had been down 4,303 bales on 10/30, with the licensed shares stage at 13,749 bales. 

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Dec 25 Cotton  is at 65.55, up 43 factors,

Mar 26 Cotton  is at 66.84, up 15 factors,

Might 26 Cotton  is at 68.03, up 12 factors

On the date of publication,

Austin Schroeder

didn’t have (both immediately 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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