Cotton futures were mixed on Tuesday with nearby and thin October up 46 points and other contracts down 3 to 17 points. Crude oil was up $4.09 per barrel on the session, with the US dollar index up $0.249.
Weekly Crop Progress data showed 57% of the US cotton crop with bolls opening as of Sunday, with 8% of the crop with harvested. Condition ratings were pegged at 36% good/excellent, up 2 percentage points on the week. The Brugler500 index was steady at 298, as poor/very poor ratings were up 2%.
The Cotlook A index was down 205 points on September 14 at 96.15. ICE certified cotton stocks were steady on Monday, with the certified stocks level at 38,462 bales. The Adjusted World Price was back down 441 points on last week to 69.51 cents/lb.
Oct 26 Cotton closed at 81.1, up 46 points,
Dec 26 Cotton closed at 84.48, down 7 points,
Mar 27 Cotton closed at 86.99, down 13 points
