Cotton Posts Slight Thursday Gains

Cotton futures saw Thursday gains of 8 points across the front months at the close. Crude oil futures were 8 cents per barrel higher at $56.02. The US dollar index was $0.093 higher to $98.095. Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a 4-week low. Shipments were a 3-week high at 122,094 RB. More News from Barchart Total export sale commitments are 5.72 million RB, which is now 16.53% below the same period last year. Much of that is due to lighter sales with shipment ...