Cotton

Cotton futures finished the Wednesday session with mixed trade. Nearby July was down 39 points, with other contracts higher. The US dollar index is up 360 points on the day, causing a little pressure for July. 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 closed at 86.960, down 39 points,

Oct 18 Cotton closed at 85.210, up 1 point

Dec 18 Cotton closed at 84.050, up 21 points




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