Cotton futures are exhibiting 15 to 23 level losses at noon, with thinly traded October down 105 factors. The US greenback index is again up $0.415 on the day to $98.495, with crude oil futures up $0.75
Export Gross sales knowledge confirmed a complete of 105,373 RB of cotton bought within the week ending on August 14, again down from final week. Shipments additionally slipped again, at 123,292 RB within the week of 8/14.
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The Cotlook A Index was down 35 factors at 78.95 cents on August 20. ICE cotton shares had been unchanged on 8/20, with the licensed shares degree at 16,006 bales. USDA’s Adjusted World Value (AWP) was again up 66 factors final week at 55.05 cents/lb. It is going to be up to date later as we speak.
Oct 25 Cotton  is at 65.59, down 105 factors,
Dec 25 Cotton  is at 67.37, down 23 factors,
Mar 26 Cotton  is at 69.09, down 15 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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