Cotton Mixed on Tuesday

Cotton futures were mixed but mostly higher at the close on Tuesday. Dec futures climbed back 8 points from midday’s lows but still closed in the red. The other front months ended firm but higher, recovering from the light midday losses. USDA’s Spot Cotton Quotations report showed 6,005 bales were sold at an average gross price of 67.28 cents/lb for 10/27. The Cotlook A index for the 26th was down 35 points to 77.40 cents/lb. The AWP for cotton is 55.71 cents/lb, good through Thursday.

Dec 20 Cotton closed at 72.03, down 8 points,

Mar 21 Cotton closed at 72.73, up 1 points

May 21 Cotton closed at 73.28, up 6 points

Jul 21 Cotton closed at 73.65, up 7 points

--- provided by Brugler Marketing & Management

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