Cotton Futures posted a profit of 53 to 76 points on Thursday, so that this week, the week could be round out with 43 points May. The futures of crude oil were $ 2.10/barrel a day, with the US dollar index to $ 0.037 to $ 99.180. The markets will be closed on Friday in adherence to Good Friday.
The USDA’s export sales report shown a total of 201,990 RB of cotton sold in the week ended on April 10 at a high level of 5-week. It was 75.52% from last week and 38.24% above the same week last year. Vietnam was a top buyer of 90,900 RB, with 35,300 RR sold to India. Shipment at 328,215 RB was below 12.99% from last week, which was 23.05% above this week in 2024. The top destination was Vietnam at 87,100 RB, with 56,600 RB towards Pakistan.
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Seam gave 5,231 cash knots sold online at 4/16 at an average price of 64.63 cents/LB. The Cothek A index returned 85 points at 77.25 cents/LB on Wednesday. Ice cotton stocks were stable on 16 April with a certified stock level of 14,478 lumps. The USDA’s adjusted World Price (AWP) returned 33 points at 53.43 cents/LB on Thursday.
25 May Cotton Closed at 66.32, up to 53 points,
July 25 Cotton Closed at 67.13, up to 76 points,
25 December Cotton Closed at 68.44, up to 53 points
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