Cotton Weaker on Thursday’s Close

Austin Schroeder Barchart Thu Sep 5, 5:09PM CDT
Cotton - jeff-hutcheson-i-62dBYw_vM-unsplash

Cotton futures posted point 24 to 37 point losses on Thursday. The dollar index was down another 276 points, with crude oil futures back up a 12 cents/barrel to add support.

Export Sales data will be updated on Friday morning. 

The Seam reported online cash sales of just 199 bales at an average price of 55.56 cents on Wednesday. ICE cotton stocks were down 1 bale on September 4, leaving 265 bales of cert stocks. The Cotlook A Index was up 50 points on September 3 at 81.70 cents/lb. 

Dec 24 Cotton  closed at 69.44, down 37 points,

Mar 25 Cotton  closed at 71.25, down 29 points,

May 25 Cotton  closed at 72.51, down 24 points


On the date of publication, Austin Schroeder 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.