Midday Cotton Quotes Mixed

Alan Brugler Barchart Wed Dec 6, 2023
Cotton - trisha-downing-pyud8ZaVq4I-unsplash

The front month cotton market is trading mixed within 10 points of UNCH. 

The Census confirmed cotton exports were 390,390 bales for October. That was a 41% drop from the Sep shipment and was 30% lighter than Oct ’22. The season’s sum reached 2.08m bales through the first three months, compared to 2.54m bales during last year. 

The Cotlook A Index backed off by 50 points back to 89.80 cents/lb. The AWP was 105 points lower last Thursday, to 64.18 cents/lb. It will be updated Thursday after the close by USDA. ICE decertified nearly 30k bales for 58,324 certified stocks as of 12/1. 

Mar 24 Cotton  is at 79.48, down 20 points,

May 24 Cotton  is at 80.16, down 11 points,

Jul 24 Cotton  is at 80.65, down 8 points


On the date of publication, Alan Brugler 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.