Cotton Futures Drop, Crude Oil Edges Up
Update: 2025-12-02
Description
Cotton futures experienced a downturn this Monday, with most contracts seeing losses ranging from seven to twelve points. Despite crude oil futures edging up by one dollar per barrel, the US dollar index dipped slightly. The USDAs Export Sales report showed a twenty-four point four three percent decrease in cotton sales, but shipments were the largest so far this marketing year. An online auction reported the sale of three thousand, six hundred and five bales of cotton at an average price of fifty-nine point seven five cents per pound. The Cotlook A Index remained unchanged, and certified cotton stocks at the Intercontinental Exchange were steady. The Adjusted World Price for cotton decreased by three points to fifty point seven seven cents per pound. Specific contracts closed with losses, with the December twenty-fifth cotton down eight points, the March twenty-sixth cotton down seven points, and the May twenty-sixth cotton down twelve points.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
