Cotton futures rallied across most contracts
Cotton futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back down $2.03 /barrel and the US dollar index up $1.015 to $99.705.
The market was supported from chatter of easing trade tensions with China, though nothing has been officially announced.
The Seam reported 2,639 cash bales sold online on 4/22, at an average price of 66.93 cents/lb. The Cotlook A Index was up 50 points on Tuesday at 78.10 cents/lb. ICE cotton stocks were steady on April 22 with a certified stocks level of 14,478 bales. USDA’s Adjusted World Price (AWP) was back up 33 points last Thursday to 53.43 cents/lb.
May 25 Cotton closed at 68.75, up 171 points,
Jul 25 Cotton closed at 69.03, up 181 points,
Dec 25 Cotton closed at 69.97, up 126 points
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 Market




