Cotton Market News and Commentary

Cotton futures are trading 34 to 43 points higher in most contracts at midday. The dollar is weaker at midday, with crude oil higher to support the synthetic fiber markets. The US and China met in Beijing on Monday and will again on Tuesday for trade talks. China has been rolling previous purchase into the 2019/20 delivery period recently. Traders hope the negotiations will put a halt to that demand slippage. The US dollar is also weaker. The Cotlook A index was down up 5 points from the previous day on January 4 at 79.70 cents/lb.

Mar 19 Cotton is at 72.95, up 43 points,

May 19 Cotton is at 74.35, up 41 points

Jul 19 Cotton is at 75.63, up 34 points

--provided by Brugler Marketing & Management

Market Commentary provided by:

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