Cotton Market News and Commentary

Cotton futures are showing 66 to 70 point gains in most contracts on Turnaround Tuesday. The Cotlook A Index was down 75 points on February 4 to 83.00 cents/lb. The USDA Adjusted World Price is 65.07 cents/lb through Thursday, up 17 points from the previous week. The Cotton Systems report from USDA showed November US extra long staple consumption at 1,632 RB, with stocks at 3,186 RB.

Mar 19 Cotton is at 73.46, up 70 points,

May 19 Cotton is at 74.69, up 61 points

Jul 19 Cotton is at 76, up 56 points

--provided by Brugler Marketing & Management

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