Reported 1 day ago
Cotton futures are experiencing a decline on Wednesday, with contracts dropping 35 to 40 points by midday. The US dollar index rose to $96.345 while crude oil futures fell by $0.23. On Tuesday, 909 bales were sold at an average price of 63.60 cents per pound, and the Cotlook A Index remained steady at 78.10 cents. Additionally, USDA's Adjusted World Price (AWP) decreased by 21 points to 54.10 cents per pound.
Source: YAHOO