Cotton Mixed on Monday
Cotton futures are down 7 to 15 points so far on Monday in the nearbys, with new crop up 54 points. Crude oil down $2.75, as the market is failing to see reaction following the US strikes on Iran nuclear facilities over the weekend.
The Cotlook A Index was unchanged on 6/20 at 77.55. ICE cotton stocks were UNCH on June 20, with a certified stocks level of 62,332 bales. USDA’s Adjusted World Price (AWP) was up 1 point on Thursday at 54.03 cents/lb. and is effective through next Thursday.
Jul 25 Cotton is at 63.9, down 14 points,
Oct 25 Cotton is at 66.98, down 7 points,
Dec 25 Cotton is at 67.24, up 54 points
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.