Cotton Futures Resuming the Rally through Wednesday

Midweek cotton prices are up by 2 to 103 points, led by the Dec contract. The Dec contract has seen a 111 point range so far through the midweek session. 

The Cotlook A Index was 85 points stronger to 96.95 cents. The AWP for cotton is 69.06 cents/lb. ICE certified stocks were 347 bales on 8/21. 

Dec 23 Cotton  is at 87.73, up 84 points,

Mar 24 Cotton  is at 87.59, up 79 points,

May 24 Cotton  is at 87.5, up 77 points

On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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