Cotton Market News and Commentary

Cotton futures posted 13 to 31 point gains in most contracts on Friday, with nearby March down 1.35% this week. The Dollar was weaker on the day and crude higher, which is supportive to cotton. Markets will be open for a full day on Monday, with Tuesday closed due to the New Year. Trade negotiations are expected to take place in early January between the US and China. Due to the partial government shutdown, CFTC data will not be released. The Cotlook A index was up 30 points from the previous day on Dec 27 at 81.95 cents/lb.

Mar 19 Cotton closed at 72.190, up 13 points,

May 19 Cotton closed at 73.490, up 17 points

Jul 19 Cotton closed at 74.520, up 24 points

--provided by Brugler Marketing & Management

Market Commentary provided by:

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