⛏Cotton Futures
COTTON
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ICE certified cotton stocks dropped by 20,673 bales, reducing available supply.
Impact on assets 1
Others
Cotton futures rallied on Wednesday, with contracts settling 24 to 96 points higher, but prices turned lower Thursday morning, falling 111 to 122 points. The Cotlook A Index remained unchanged at 90.70 cents on Tuesday, while ICE certified cotton stocks dropped by 20,673 bales to 100,612 bales as of July 14 due to decertification. The Adjusted World Price rose 92 points last week to 62.86 cents per pound. Crude oil gained 90 cents and the US dollar index added $0.356 on Wednesday.
ICE certified cotton stocks dropped by 20,673 bales, reducing available supply.