Cotton futures are up 39 to 99 factors to date on Wednesday. Crude oil futures are up 13 cents per barrel at $58.08 on the day, with the US greenback index $0.064 decrease to $99.525. The markets can be closed on Thursday.
Dedication of Merchants information, nonetheless delayed from to the federal government shutdown, confirmed spec funds in cotton futures and choices including one other 5,017 contracts to their now file internet quick place as of 10/14 to 81,343 contracts.
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The November 25 on-line public sale from The Seam confirmed 6,457 bales offered at a median worth of 59.97 cents/lb. The Cotlook A Index was up 25 factors on Monday at 74.35 cents. ICE licensed cotton shares have been regular on 11/25 with the licensed shares degree at 20,344 bales. The Adjusted World Value was up to date to 50.80 cents/lb final week, down 103 factors from the earlier week. It’s into impact via Thursday.
Dec 25 Cotton is at 62.43, up 99 factors,
Mar 26 Cotton is at 64.61, up 38 factors,
Might 26 Cotton is at 65.78, up 35 factors
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions.
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