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ICE cotton futures market rises slightly
2024-05-14 09:47:01
CCFGroup
ICE cotton futures market rose slightly. Contract of Jul closed at 77.06cent/lb, up 0.32cent/lb and contract of Dec closed at 77.12cent/lb, up 0.39cent/lb. By the week ending May 12, about 33% U.S. cotton crops have been planted, up 9 percentage point from May 5, 2% from the same period of 2023, and 2% from five-year average, according to USDA.
Cotlook A Index reduced by 1.2cent/lb to 85.20cent/lb.
Contract (cent/lb) | Closing price | Highest | Lowest | Daily change | Daily change (%) |
ICE Jul | 77.06 | 77.21 | 76.54 | 0.32 | 0.42% |
ICE Dec | 77.12 | 77.45 | 76.61 | 0.39 | 0.51% |
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