Cotton

Cotton futures are mixed on Wednesday. Nearby July is down 10 points, with back months 49 to 62 points higher. Crude oil is up 26 cents at the moment, with the US dollar index steady. The weekly Export sales report will be release on Thursday morning. The Cotlook A index was down 190 points from day prior at 96.95 cents/lb on June 19. The weekly AWP is currently at 82.99 cents/lb for this week, and will be updated on Thursday. China sold 9,200 MT of cotton from state reserves on Wednesday, totaling 30.76% of the amount offered.

Jul 18 Cotton is at 83.22, down 10 points,

Oct 18 Cotton is at 85.44, up 62 points

Dec 18 Cotton is at 84.32, up 50 points

Mar 19 Cotton is at 84.220, up 49 points




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