Cotton Futures Rise on Wednesday Trading
Cotton futures rise 30-45 points, July contract expiring today. Crude oil up 47 cents/barrel at $68.80. US dollar index $0.043 higher at $97.255. Online auction shows 2,465 bales sold at 65.44 cents. Cotlook A Index down 40 points at 78.75. ICE cotton stocks unchanged, AWP up 116 points at 55.34 cents/lb.
Jul 25 Cotton at 64.68, down 71 points. Oct 25 Cotton at 66.51, up 43 points. Dec 25 Cotton at 67.69, up 31 points. No positions in mentioned securities. Information for informational purposes only. Originally published on Barchart.com.
Read more at Yahoo Finance: Cotton Sneaking Back Higher on Wednesday