Cotton Lower on Wednesday

Austin Schroeder Barchart Wed Dec 18, 12:12PM CST
cotton on stem by Mykola Kolya Korzh via Unsplash

Cotton futures are trading with 28 to 37 point losses so far on Wednesday. The outside markets re mixed factors, with the US dollar index up 147 points and crude oil back up $1.09/barrel.

The Seam reported 4,395 bales of online sales on December 17 at an average price of 64.93 cents/lb. ICE cotton stocks were unchanged on Tuesday, at 20,113 bales of certified stocks. The Cotlook A Index was down 25 points on 12/17 at 79.25 cents/lb. The USDA Adjusted World Price (AWP) was cut by 152 points last Thursday to 56.22 cents/lb. It will be updated this Thursday.

Mar 25 Cotton  is at 68.41, down 28 points,

May 25 Cotton  is at 69.5, down 32 points,

Jul 25 Cotton  is at 70.47, down 37 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.