Cotton futures are mostly 15 to 74 points higher in most contracts at midday. There are indications that additional investment money is coming into commodities. China’s cotton imports from the US totaled 69,467 MT during January, with total Jan imports at 133,908 MT. The USDA Adjusted World Price or AWP was updated to 69.69 cents/lb, effective through Thursday. The Cotlook A index was down 100 points from the previous day on February 23 at 89.20 cents/lb.

Mar 18 Cotton is at 81.6, up 15 points,

May 18 Cotton is at 82.08, up 74 points

Jul 18 Cotton is at 82.72, up 65 points

Market Commentary provided by:

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