Cotton Mixed to Kick Off Thursday

Austin Schroeder Barchart Thu Dec 19, 7:29AM CST
Harvesting cotton field by Leila Melhado via iStock

Cotton price action on Thursday morning is showing mixed trade. Futures closed out the Wednesday session with contracts down 30 to 61 points. The outside markets were negative factors, with the US dollar index up $1.287 and crude oil back down $0.11/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  closed at 68.08, down 61 points, currently up 4 points

May 25 Cotton  closed at 69.21, down 61 points, currently down 2 points

Jul 25 Cotton  closed at 70.23, down 61 points, currently down 3 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.