Cotton #2 Futures PricesSun, Jul 27th, 2014
Latest Brugler Cotton #2 Report
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Cotton futures closed 95 points lower to 124 points higher. China cotton futures on the Zhengzhou exchange for January delivery were down 0.83%. Cash trading increased with business to business sales reported at 93 bales compared to 45 the previous day. Cert stocks dropped to 176,373 bales, with 6,539 decerts and one new cert. The Cotlook A Index is unchanged at 83.05. The weekly Commitment of Traders report showed managed money accounts decreasing their net long position in cotton by 4,006 contracts bringing their overall net long on July 22 to 3,618 contracts.
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