Financial News

Cotton Falling at Tuesday’s Midday

Cotton futures are falling 65 to 72 points across the front months on Tuesday, with pressure coming from the synthetic market. Crude oil futures are $1.44 lower per barrel at $55.38, with the US dollar index $0.185 lower to $97.775.

CFTC data indicated spec funds increasing their net short position by 3,756 contracts to 61,999 contracts as of November 25.

 

Monday’s online auction from The Seam showed sales of 15,641 bales at an average price of 59.57 cents/lb. The Cotlook A Index was down 10 points on 12/15 at 73.85 cents. ICE certified cotton stocks were down 1,497 bales on December 15 with the certified stocks level at 12,474 bales. The Adjusted World Price was updated to 50.39 cents/lb last Thursday, down 89 points from the previous week.

Mar 26 Cotton  is at 63.23, down 71 points,

May 26 Cotton  is at 64.4, down 66 points,

Jul 26 Cotton  is at 65.44, down 66 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.

 

More news from Barchart

Recent Quotes

View More
Symbol Price Change (%)
AMZN  222.56
+0.02 (0.01%)
AAPL  274.61
+0.50 (0.18%)
AMD  209.17
+1.59 (0.77%)
BAC  54.81
-0.52 (-0.94%)
GOOG  307.73
-1.59 (-0.51%)
META  657.15
+9.64 (1.49%)
MSFT  476.39
+1.57 (0.33%)
NVDA  177.72
+1.43 (0.81%)
ORCL  188.65
+3.73 (2.02%)
TSLA  489.88
+14.57 (3.07%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback