By admin       2018-10-01

Spot cotton trading was inactive. Supplies and demand were light. Average local spot prices were lower. No forward contracting or domestic mill activity was reported. Merchant offerings were light. Foreign mill inquiries were for high quality cotton. Interest was best for color 21 and better, leaf 2 and better, and staple 38 and longer for near-by shipment. Overall, foreign inquiries remained light. The crop made good progress and neared completion. Some producers in Kern, Kings, and Tulare Counties began defoliating in the period. Producers and industry members attended annual meetings.

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