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Barchart
Barchart
Austin Schroeder

Cotton Presured Lower on Tuesday

Cotton futures close the Tuesday session with contracts down 68 to 71 points in the nearbys. The US dollar index was back up $0.513 on Tuesday to $98.312, with crude oil 36 cents/barrel higher.

The Seam showed 633 bales sold at an average price of 60.70 cents/lb on October 6. The Cotlook A Index was back up 20 points on Monday to 76.65 cents. ICE cotton stocks were unchanged on 10/3, with the certified stocks level at 17,891 bales. 

 

Oct 25 Cotton  closed at 62.02, down 68 points,

Dec 25 Cotton  closed at 64.46, down 68 points,

Mar 26 Cotton  closed at 66.38, down 71 points

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