S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketCotton futures held the weakness into the Thursday close, as contracts were down 34 to 52 points on the day. Crude oil prices were back down $0.97 on the day, with the US dollar index $0.505 lower to $99.260.
Following a federal trade court ruling that President Trump’s liberation day tariffs were illegal, an appeals court issued a temporary stay on the ruling.
The Wednesday online sale from The Seam showed 440 bales sold at an average price of 66.35 cents/lb. The Cotlook A Index was back down 30 points on 5/28 at 77.95. ICE cotton stocks were down 4,654 bales via decertification on May 28, with a certified stocks level of 41,863 bales. USDA’s Adjusted World Price (AWP) was down 38 points last Thursday at 53.52 cents/lb. It was not updated from USDA on Thursday.
Jul 25 Cotton closed at 64.84, down 49 points,
Oct 25 Cotton closed at 67.24, down 52 points,
Dec 25 Cotton closed at 67.76, down 34 points
