Cotton Marketing Planner Newsletter

Cotton Marketing Planner

The Cotton Market Through September 30, 2016

Hourly Bar Chart Cotton

The week ending September 30 saw four successive days of a small morning rise in ICE cotton futures followed by a daily one cent slump. It resembled four downhill ski jumps strung together from Monday through Thursday before prices appeared to stabilize. Friday's settlements were 68.08 and 68.89 cents per pound, respectively for the Dec'16 and Dec'17 contracts. Chinese cotton prices were consistently higher this week, while the A-index of world prices was mixed. Major cotton specific news include a poor U.S. export sales report, in keeping with the expected price quantity demand relationship.


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