Cotton futures have increased by 56 to 71 points so far on Friday afternoon. Crude oil is below $ 0.09/barrel, with the US dollar index below $ 0.108.
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.
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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 At 67.63, 56 points,
25 October Cotton At 68.85, 71 points,
25 December Cotton At 69.36, up to 56 points
On the date of publication,
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