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 Market
Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated the ceasefire is over. The US also revoked waivers authorizing Iran oil exports. The US dollar index was up $0.082.
The Seam reported just 94 bales sold on July 7 at an average of 65.76 cents. The Cotlook A Index was up 150 points on 7/7 at 87.30 cents. ICE certified cotton stocks were down 95 bales on Tuesday via decertification, with the certified stocks level at 184,939 bales. The Adjusted World Price was back down 194 points last week at 61.94 cents/lb.
Jul 26 Cotton closed at 76.21, down 73 points,
Dec 26 Cotton closed at 80.67, down 62 points,
Mar 27 Cotton closed at 82.1, down 58 points
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