Cotton value motion is buying and selling with 17 to 42 level losses throughout the close by contracts on Friday. Crude oil futures are again down 16 cents per barrel, with the US greenback index down $0.301 to $98.145.
The Seam confirmed gross sales of 385 bales on Thursday, with a mean value of 68.25 cents/lb. The Cotlook A Index was unch at 79.30 on July 17. ICE cotton shares noticed 1,144 decertifications on 7/17, with the licensed shares degree at 23,481 bales. USDA’s Adjusted World Worth (AWP) was up a tick on Thursday at 54.72 cents/lb.
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Oct 25 Cotton is at 66.83, down 42 factors,
Dec 25 Cotton is at 68.57, down 23 factors,
Mar 26 Cotton is at 69.91, down 17 factors
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