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AFB Cotton Close: Prices Move Slightly Lower

Ernst Undesser
By Ernst Undesser October 4, 2013 15:56

Cotton Comment

Cotton prices closed lower today. After moving higher most to the week prices fell today as a combination of profit taking and overbought markets led to lower prices today. Like with other markets, without the report next week market will trade on the expectation of lower U.S. acreage and and potential of tighter supplies.

        
         
Futures:
High Low Last Change
Oct ’13 85.83 +0.04
Dec ’13 87.68 86.82 86.94 -0.50
Mar ’14 87.54 86.85 86.86 -0.51
May ’14 87.42 86.80 86.80 -0.59
Jul ’14 86.94 86.62 86.68 -0.34
Oct ’14 82.28 -0.24
Dec ’14 81.44 81.00 81.18 -0.05
Mar ’15 80.78 -0.05

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Ernst Undesser
By Ernst Undesser October 4, 2013 15:56

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