Cotton is Up Triple Digits on Friday

Cotton futures are making a triple digit move in pre weekend trading. The Monthly export data from Census showed cotton shipments for October were 731,611 480 lb bales, which is 19.6% below September shipments, but was an 11-year high for the month and the 3rd largest October total on record. The Seam reported 8,989 bales sold on Dec 5th, bringing the weekly total to 30,597 bales; last week the total was 35,384 bales sold. The 12/05 Cotlook A Index was regained all 65 points back up to 74.15. The weekly AWP was reduced to 55.97 cents/lb.

DEC 19 Cotton closed at 0, unch,

MAR 19 Cotton closed at 65.77, up 126 points

MAY 20 Cotton closed at 66.66, up 116 points

JUL 20 Cotton closed at 67.45, up 97 points

---provided by Brugler Marketing & Management




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