Cotton futures posted losses of two to five factors throughout most contracts because the market closed out 2025. Crude oil futures had been down 54 cents per barrel at $57.41. The US greenback index was up $0.040 at $97.995. Futures will probably be closed on Thursday for New Years Day.
CFTC launched an up to date Dedication of Merchants report this afternoon, exhibiting managed cash trimming 4,387 contracts from their web brief as of 12/23 to 50,446 contracts.
Export Gross sales information from this morning confirmed 182,680 RB of cotton bought within the week ending on December 18, again down from final week’s advertising yr excessive. Shipments had been tallied at 146,915 RB in that week, an 8-week excessive.
The Seam’s on-line public sale confirmed gross sales of 14,459 bales on December 30 at a median worth of 60.13 cents/lb. The Cotlook A Index was again down 20 factors on Tuesday at 74.30 cents. ICE licensed cotton shares had been down 90 bales on 12/30 with the licensed shares stage at 11,510 bales. The Adjusted World Worth was up to date to 50.02 cents/lb, up simply 3 factors from the week prior.
Mar 26 Cotton closed at 64.27, down 5 factors,
Could 26 Cotton closed at 65.6, down 4 factors,
Jul 26 Cotton closed at 66.83, down 2 factors
On the date of publication, Austin Schroeder didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions. This text was initially revealed on Barchart.com
