Cotton Market News and Commentary

Cotton futures are down 7 to 75 points in most contracts at midday, with a stronger US dollar pressuring the market. The Cotlook A Index was UNCH on March 21 to 84.65 cents/lb. The USDA Adjusted World Price (AWP) was updated to 65.83 cents/ lb on Thursday, up 173 points from the week prior. US export commitments for upland cotton are now 13.1% below the same time last year. In comparison to the USDA projected total, they are 89% complete, with the average pace at 90%.

May 19 Cotton is at 76.43, down 75 points,

Jul 19 Cotton is at 77.44, down 59 points

Dec 19 Cotton is at 75.260, down 7 points

--provided by Brugler Marketing & Management




Market Commentary provided by:

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