Cotton futures ended the day with most contracts steady to 68 points higher, as a few contracts were lower on thin trade. The USDA Export sales report will be released on Thursday morning, with sales expected to back off last week’s report of 399,100 RB. The current Adjusted World Price or AWP at 69.69 cents/lb will be updated on Thursday. The Cotlook A index was up 70 points from the previous day on February 26 at 91.80 cents/lb. The Seam showed cash sales of 11,304 bales on Tuesday, with prices averaging 70.54 cents/lb.

Mar 18 Cotton closed at 81.650, down 11 points,

May 18 Cotton closed at 82.930, up 68 points

Jul 18 Cotton closed at 83.290, up 50 points

Market Commentary provided by:

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