Cotton futures are exhibiting 21 to 33 level decrease commerce on Thursday morning. Costs rounded out the midweek session with contracts closing 46 to 101 factors increased. The US greenback index is down one other 254 factors and nearing $101, with crude oil dropping $0.94 per barrel.
Export Gross sales knowledge will probably be launched shortly, exhibiting export enterprise within the week ending on August 15.
ICE cotton shares have been unchanged on August 20, leaving 12,767 bales of cert shares. The Cotlook A Index was up 140 factors on August 20 at 80 cents/lb. The USDA Common World Worth (AWP) is 55.35 cents/lb for the subsequent week by means of Thursday, up 11 factors on the week.
Dec 24 Cotton closed at 70.35, up 101 factors, at present down 21 factors
Mar 25 Cotton closed at 71.62, up 94 factors, at present down 22 factors
Could 25 Cotton closed at 72.67, up 91 factors, at present down 24 factors
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