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Cotlook Indices

A Index Explained . Date of index value: 14:29 GMT 22nd Nov, 2024

Index Name Value Change
A Index 80.95 (+0.25)

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December futures unchanged at 1500 GMT


 

ICE futures opened higher and traded within a narrow price range for several hours before slipping lower. The December contract dropped to its lowest level since October 5. Support at the bottom lifted prices, and futures returned to positive ground.

 

Higher than expected export registrations were reported on the US weekly export sales report, which spurred buying. Contracts moved higher, encountering sell stops. Prices began drifting back to near unchanged.

 

Front months were trading as follows at 1500 GMT:

 

Dec 62.05 unch
Mar 61.91 -4
May 62.29 -21

 

Posted in: Cotlook Headlines News

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