Cotton Marginally Higher on Wednesday

Austin Schroeder Barchart Wed Oct 9, 12:00PM CDT
Cotton bunches by Tijana Drndarski via Unsplash

Cotton futures are trading with 4 to 10 point gains on Wednesday. The outside markets are adding some pressure, with the crude oil down another 82 cents/barrel and the US dollar index up 337 points.

The Seam reported 837 bales of online sales on October 8 at an average price of 70.25 cents/lb. ICE cotton stocks were unchanged on Tuesday, leaving 265 bales of certified stocks. The Cotlook A Index was up 25 points on October 8 at 85.10 cents/lb. The USDA Adjusted World Price (AWP) was trimmed by 25 points last week to 60.81 cents/lb and is good through tomorrow.

Dec 24 Cotton  is at 72.37, up 10 points,

Mar 25 Cotton  is at 74.48, up 6 points,

May 25 Cotton  is at 75.79, up 4 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.