“`html
Cotton prices exhibited mixed results on June 19, with nearby July contracts closing at 64.04 cents, the lowest since April 7, while new crop months rose 3 to 7 points due to challenging US weather. Weekly export data showed 83,198 RB of cotton sold for the 2024/25 marketing year, up 38.25% from the previous week, while shipments decreased by 13.36% to 204,694 RB.
WTI crude oil settled at $75.00 per barrel for July futures, a decrease of 14 cents, although August delivery increased by 59 cents to $74.09 amid Mideast concerns. The US dollar index weakened, with September DX index futures settling at 98.395, a drop of 0.073 points.
The Cotlook A Index decreased by 75 points to 77.75, and USDA’s Adjusted World Price (AWP) slightly rose to 54.03 cents/lb., effective through the following Thursday. ICE cotton stocks remained unchanged at 62,332 bales as of June 18.
“`
