Cotton In the Red at Midday

Cotton futures are trading 60 to 85 points lower at midday, pressured by weak Export Sales. The weekly Export Sales report from USDA showed 19/20 bookings of 163,964 RB for the week ending 8/15. That was 51% lower than last week, with Indonesia accounting for 50,400 RB. New Crop sales were at 528 RB. The Cotlook A Index was unchanged on August 21 at 70.50 cents/lb. The weekly AWP is 52.22 cents/lb and will be updated later today.

OCT 19 Cotton is at 59.24, down 63 points,

DEC 19 Cotton is at 59.09, down 85 points

MAR 20 Cotton is at 60, down 66 points

MAY 20 Cotton is at 60.9, down 60 points

--- provided by Brugler Marketing & Management




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