Cotton

Cotton futures saw gains of 24 to 77 points on Friday, as March was up 2.98% on the week. The Commitment of Traders report showed the spec traders adding another 7,101 contracts their net position as of Tuesday. That net long position stood at 89,510 contracts as of December 12. The USDA Adjusted World Price (AWP) was updated to 65.95 cents/lb, 92 points higher than the previous week. The Cotlook A index was 125 points higher from the day prior on December 14 to 84.70 cents/lb. Online cash sales on the Seam jumped to 32,373 bales, with prices averaging 70.24 cents/lb, up 130 points from the previous day.

Mar 18 Cotton closed at 75.920, up 59 points,

May 18 Cotton closed at 76.320, up 69 points

Oct 18 Cotton closed at 73.850, up 28 points




Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
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