Cotton futures were down 62 to 75 points in the front months on Thursday. Crude oil futures were down 7 cents/barrel to $59.53 on the day, with the US dollar index down $0.499 to $99.560.
The Wednesday online auction from The Seam showed 2,463 bales sold with an average price of 62.98 cents/lb. The Cotlook A Index was down 55 points on 11/5 at 76.55 cents. ICE certified cotton stocks were steady on November 4 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 64.48, down 75 points,
Mar 26 Cotton closed at 65.74, down 66 points,
May 26 Cotton closed at 66.95, down 62 points
