Cotton futures are trading with Friday midday losses of 69 to 92 points. Crude oil futures are 8 cents/barrel to $59.35 on the day, with the US dollar index $0.270 lower to $99.315.
The Thursday online auction from The Seam showed 2,261 bales sold with an average price of 63.81 cents/lb. The Cotlook A Index was unchanged on 11/6 at 76.55 cents. ICE certified cotton stocks were steady on November 6 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 is at 63.63, down 91 points,
Mar 26 Cotton is at 65.08, down 69 points,
May 26 Cotton is at 66.24, down 74 points
