Friday, Cotton Futures completed the week with losses of 10 to 13 points. December was still up 126 points over the week. Under -oil contracts on crude oil were down 21 cents a barrel, the US dollar index dropped from $ 0.236 to $ 98,210.
The weekly CFTC data showed a total of 7,626 reduced net contracts for the short -term specific traders in term contracts and cotton options. The collective group was clear of 38,464 contracts from July 15.
Couture showed sales of 385 balls Thursday, with an average price of 68.25 cents / lb. The Cotlook A index was UNCH at 79.30 on July 17. ICE cotton stocks saw 1,144 awards on 7/17, with the level of stocks certified at 23,481 balls. The USDA -adjusted World Prize (AWP) was up on Thursday at 54.72 cents / LB.
October 25 Cotton closed to 67.12, down 13 points,
December 25 Cotton closed to 68.68, down 12 points,
March 26 Cotton closed at 69.98, down 10 points
On the date of publication, Austin Schroeder had (directly or indirectly) positions in any of the titles mentioned in this article. All information and data of this article are only for information purposes. This article was initially published on Barchart.com
