Barchart: Cotton Closes with Gains on Monday

Barchart: Cotton Closes with Gains on Monday

Austin Schroeder 

Cotton futures pulled out strength on Monday, with contracts up 12 to 15 points in the nearbys. Crude oil futures were up 4 cents/barrel to $61.02, with the US dollar index back up $0.075 to $99.705.

The October 31 online auction from The Seam showed 1,219 bales sold with an average price of 62.50 cents/lb. The Cotlook A Index was down 95 points on Friday at 76.45 cents. ICE certified cotton stocks were steady on 10/31, with the certified stocks level at 13,749 bales. 

Dec 25 Cotton  closed at 65.68, up 14 points,

Mar 26 Cotton  closed at 66.88, up 15 points,

May 26 Cotton  closed at 68.02, up 12 points

Πηγή: barchart.com
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