Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Cotton's on a roll this week—prices jumping 30-42 points as futures hit marginal gains of 9-16 points on Monday. Here's what's moving the needle: Crude oil sitting at $58.89/barrel (up 83 cents), dollar index hovering at $100.135. The real plot twist? NASS dropped their final crop report yesterday showing US cotton at 79% complete, trailing that 80% average pace—could be tightening supply here. The Seam's 11/20 auction moved 4,368 bales averaging 60.77 cents/lb. ICE certified stocks steady at 20,344 bales, while the Adjusted World Price took a 103-point hit to 50.80 cents/lb—that's the baseline through Thursday. Futures action: Dec 25 cotton closed +9 points at 61.44; Mar 26 +15 points to 64; May 26 +16 points at 65.23. All three contracts nursing gains into the session. Cotlook A Index sitting flat at 74.00 cents. Worth watching if supply concerns start pricing in.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)