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Cotton futures are buying and selling with noon positive aspects of 30 to 54 factors on Monday. The US greenback index is up $0.308 to $98.020, as crude oil futures are again up one other $0.31.
CFTC knowledge confirmed a complete of 1,931 contracts added to the managed cash web quick place as of Tuesday, taking it to 57,083 contracts on August 12.
The Seam reported 401 bales bought within the Friday on-line public sale at a mean value of 57.93 cents/lb. The Cotlook A Index was unchanged at 79.40 cents on August 15. ICE cotton shares had been regular on 8/15, with the licensed shares stage at 17,017 bales. USDA’s Adjusted World Worth (AWP) was again up 66 factors on Thursday at 55.05 cents/lb.
Oct 25 Cotton is at 66.64, up 54 factors,
Dec 25 Cotton is at 67.85, up 31 factors,
Mar 26 Cotton is at 69.37, up 30 factors
On the date of publication, Austin Schroeder didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
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