Cotton Rallying on Tuesday

Austin Schroeder Barchart Tue Apr 1, 12:17PM CDT
Cotton grass by Christiane via Pixabay

Cotton futures are rallying on Tuesday with contracts up 80 to 128 points at midday. Crude oil futures are back down 21 cents/barrel, as the US dollar index is $0.053 lower on the day. 

The Seam showed 1,533 bales in online sales on 3/31 at an average price of 63.47 cents/lb. The Cotlook A Index was back down 25 points on Friday at 78.90 cents/lb. ICE cotton stocks were unchanged on March 28, with the current level of certified stocks at 14,488 bales. USDA’s Adjusted World Price (AWP) was back down 97 points in on Thursday afternoon report to 53.66 cents/lb.

May 25 Cotton  is at 68.11, up 128 points,

Jul 25 Cotton  is at 69.05, up 106 points,

Dec 25 Cotton  is at 70.73, up 81 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.