Cotton

Cotton futures are trading 30 top 61 points in the red at Wednesday’s midday. The weekly Export Sales report from FAS will be released on Thursday morning. Last week’s report saw sales of 188,021 RB in 18/19 upland sales. An auction of Chinese state reserves saw sales on 26,400 MT of the near 30,000 MT of cotton offered. The Cotlook A index was down 75 points from the previous day at 91.40 cents/lb on August 24. The weekly AWP is 73.83 cents/lb, good through Thursday.

Oct 18 Cotton is at 83.3, down 51 points,

Dec 18 Cotton is at 82.97, down 61 points

Mar 19 Cotton is at 83.26, down 59 points

May 19 Cotton is at 83.820, down 30 points




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