Cotton Futures Rise Amid Mixed Commodity Market Trends

Cotton futures experienced notable midday gains ranging from 27 to 72 points on Wednesday. In contrast, crude oil futures increased by $1.07 per barrel, while the US dollar index fell by $0.717 to rest at 99.245.

Market Activity and Price Updates

According to The Seam, a total of 4,340 cash bales were sold on April 15, achieving an average price of 64.27 cents per pound. The Cotlook A Index recorded a decrease of 170 points on Tuesday, settling at 76.40 cents per pound. Additionally, ICE cotton stocks held steady as of April 15 with certified levels at 14,478 bales. The USDA’s Adjusted World Price (AWP) fell by 212 points last week, landing at 53.10 cents per pound.

Cotton Futures Prices

May 25 Cotton is currently priced at 65.8, reflecting an increase of 72 points.

July 25 Cotton stands at 66.51, rising by 39 points.

December 25 Cotton is at 67.87, up by 27 points.

On the date of publication, Austin Schroeder did not hold, directly or indirectly, any positions in the securities mentioned in this article. All information and data presented herein are intended solely for informational purposes. For further details, please refer to the Barchart Disclosure Policy.

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