Cotton Market News and Commentary

Cotton futures are showing 12 to 17 point losses in most contracts on Friday. US and Chinese trade officials did make progress during their meetings this week according to trade rep Lighthizer. They are expected to meet again before the March 1 deadline. The Cotlook A Index was up 15 points on January 31 to 83.70 cents/lb. The USDA Adjusted World Price is 65.07 cents/lb through next Thursday, up 17 points from the previous week.

Mar 19 Cotton is at 74.26, down 14 points,

May 19 Cotton is at 75.49, down 17 points

Jul 19 Cotton is at 76.76, down 14 points

--provided by Brugler Marketing & Management

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