Cotton

Cotton futures are trading steady to 39 point lower at midday, with October higher in thin trade. The US dollar index is up 430 points at the moment, causing a little pressure for cotton. The weekly Export Sales report will be released at 7:30 am CDT on Thursday. China sold another 30,000 MT of cotton offered at an auction of state reserves on Wednesday. The Cotlook A index was up another 145 points from the previous day to 95.90 cents/lb on May 22. The current AWP of 74.09 cents/lb will be updated on Thursday.

Jul 18 Cotton is at 86.96, down 39 points,

Oct 18 Cotton is at 85.35, up 15 points

Dec 18 Cotton is at 83.84, unch,

Mar 19 Cotton is at 83.390, down 1 point




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