Cotton futures closed Friday’s session with a contract of 45 to 66 points, as July was 348 points. Crude oil is below $ 0.19/barrel, with US Dollar Index $ 0.113
The commitment of the traders reported on Friday afternoon trimped 2,946 contracts from their pure short status to 2,946 contracts to 48,085 contracts till 248,085 contracts till 24 June.Wan,
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Weekly export sales data sent total cotton export booking and sent to 11.696 million RB, which is behind 109% of USDA launch and 115% average.
According to a survey by Bloomberg, 9.7 million cotton acres are expected to be shown in this spring.
Seam sold only 1,788 knots at an average price of 64.80 cents in Thursday’s online auction. Cotlook A Index increased by 50 points at 79.15 on 6/26. The ice cotton stock was below 9,641 on 26 June through decirtification, with a level of certified shares of 51,495 lumps. The USDA’s adjusted World Price (AWP) on Thursday increased by 15 points at 54.18 cents/LB.
July 25 Cotton Closed at 67.52, up to 45 points,
25 October Cotton Closed at 68.8, 66 points,
25 December Cotton Closed at 69.32, up to 52 points
On the date of publication,
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