Cotton Higher at Thursday Close

Prices came back from early session losses and closed the Thursday session 21 to 29 points higher. Each day of the week so far has a green candle, for a net move of 1.14 cents in December. Daily Cotton Spot Quotations were reported at 63.76 c/lb, with 4,751 bales sold in W. TX and 956 in E. TX/OK. WTD cotton sales reported by The Seam were 17,211 bales for a wtd ave price of 60.76 cents/lb. ICE certified stocks as of the 13th were 24,232 bales, which is up 396 from the 12th. The Cotlook A index rose another 50 points on 10/14 to 74.50 cents. The AWP for cotton is 51.48 cents/lb, with an 0.52 cent LDP.

Dec 20 Cotton closed at 69.22, up 29 points,

Mar 21 Cotton closed at 69.93, up 21 points

May 21 Cotton closed at 70.65, up 24 points

Jul 21 Cotton closed at 71.21, up 29 points

--- provided by Brugler Marketing & Management




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