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Cotton Firms into Thursday’s Close
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Cotton futures closed with Thursday gains of 12 to 17 points across most contracts. Crude oil was up $2.17 per barrel on the session, with the US dollar index $0.280 higher.

Export Sales data will be pushed back to Friday due to the Wednesday Veterans Day federal holiday.

The Seam reported 1,493 bales sold on 11/11, at an average of 74.65 cents/lb. The Cotlook A index was unchanged on November 10 at 90.85. ICE certified cotton stocks were up 1,190 on November 10, with the certified stocks level at 76,570 bales. The Adjusted World Price was back up 77 points on Thursday to 64.34 cents/lb. 

Dec 26 Cotton  closed at 78.67, up 15 points,

Mar 27 Cotton  closed at 82.51, up 12 points,

May 27 Cotton  closed at 84.21, up 15 points


On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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