Cotton futures are 11 to 23 points lower so far on Tuesday, as selling continues at midday. The US dollar index was back down $0.265 on the session to $99.770, with crude oil $0.81/barrel lower.
Monday’s online auction from The Seam showed 628 bales sold with an average price of 60.94 cents/lb. The Cotlook A Index was down 75 points on Friday at 75.30 cents. ICE certified cotton stocks were up 122 bales on October 13, with the certified stocks level at 16,593 bales.
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Dec 25 Cotton is at 63.48, down 11 points,
Mar 26 Cotton is at 65.09, down 17 points,
May 26 Cotton is at 66.33, down 23 points
