Cotton futures closed the Tuesday session with losses of 35 to 43 points. Crude oil futures were up 89 cents/barrel to $61.02 on the day, with the US dollar index $0.107 lower to $99.355.
The Monday online auction from The Seam showed 3,451 bales sold with an average price of 60.04 cents/lb. The Cotlook A Index was down 65 points on 11/10 at 75.20 cents. ICE certified cotton stocks were steady on November 7 with the certified stocks level at 13,749 bales. The AWP continues to not be updated due to the government shutdown.
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Dec 25 Cotton closed at 63.88, down 43 points,
Mar 26 Cotton closed at 65.38, down 39 points,
May 26 Cotton closed at 66.57, down 35 points
