S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketCotton futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar index $0.322 lower to $99.750.
Commitment of Traders data, still delayed from to the government shutdown, showed spec funds in cotton futures and options adding another 5,017 contracts to their now record net short position as of 10/14 to 81,343 contracts.
Export Sales data for the week ending on October 9 showed 157,636 RB of cotton sales, below the week prior. Shipments were 139,250 RB, which was 11.71% below the previous week.
The November 24 online auction from The Seam showed 6,094 bales sold at an average price of 61.47 cents/lb. The Cotlook A Index was unchanged on Monday 21 at 74.10 cents. ICE certified cotton stocks were steady on 11/24 with the certified stocks level at 20,344 bales. The Adjusted World Price was updated to 50.80 cents/lb last week, down 103 points from the previous week. It is into effect through Thursday.
Dec 25 Cotton closed at 62.43, up 99 points,
Mar 26 Cotton closed at 64.23, up 23 points,
May 26 Cotton closed at 65.43, up 20 points
