Front month cotton prices are currently near UNCH with gains limited to 20 points in the front months. New crop futures are 4 to 44 points in the red widening the inverse to 24/25 cotton prices.
The Seam reported 7,737 bales were sold online on 1/3 for an average gross price of 72.82. The Cotlook A Index was 91.40 on 1/2, UNCH from the day prior. The AWP was up by another 80 points to 64.96 cents/lb.
Mar 24 Cotton is at 80.41, up 22 points,
May 24 Cotton is at 81.38, up 3 points,
Jul 24 Cotton is at 82.19, up 4 points
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