Cotton Futures Rise, Managed Money Investors Cut Shorts
Update: 2025-12-11
Description
Cotton futures experienced a modest uptick on Wednesday, with nearby contracts rising by 25-30 points, paralleling the climb in crude oil futures. The US dollar index slightly decreased, settling at 98.620. Managed money investors reduced their net short positions in cotton by 3,453 contracts, now standing at 60,329. An online auction through The Seam platform sold 6,299 bales at an average price of 59.38 cents per pound. The Cotlook A Index dropped by 25 points to 73.70 cents. ICE certified cotton stocks remained unchanged at 13,971 bales, while the Adjusted World Price increased by 51 points to 51.28 cents per pound. Specific contracts closed as follows: March twenty-six at 64.12, up 26 points; May twenty-six at 65.17, up 25 points; and July twenty-six at 66.16, up 25 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
