Cotton futures concluded Monday’s trading session with most contracts showing increases between 6 and 49 points, while one contract saw a decrease of 7 points. Outside market factors exerted pressure, with crude oil futures decreasing by $1.13 per barrel. Meanwhile, the US dollar index rose by $0.083.

On Thursday, The Seam conducted an online auction where 1,936 bales were sold for an average price of 62.29 cents per pound. The Cotlook A Index increased by 150 points on March 6, reaching 76.95 cents per pound. As of March 7, ICE cotton stocks remained stable, with certified stock levels at 14,488 bales. Notably, the USDA reduced the Adjusted World Price (AWP) last Thursday by 201 points, bringing it down to 51.88 cents per pound.

Current Cotton Prices

May 25 Cotton closed at 66, down 7 points.

Jul 25 Cotton closed at 67.21, up 6 points.

Oct 25 Cotton closed at 69.11, up 49 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.