Cotton futures are trading with 63 to 77 point losses across most contracts on Wednesday. Crude oil futures are falling $2.53/barrel to $58.51 so far on the day, with the US dollar index $0.014 higher to $99.330.
The Tuesday online auction from The Seam showed 6,583 bales sold with an average price of 63.55 cents/lb. The Cotlook A Index was up 60 points on 11/11 at 75.80 cents. ICE certified cotton stocks were up 3,490 on November 11 with the certified stocks level at 17,239 bales.
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Dec 25 Cotton is at 63.11, down 77 points,
Mar 26 Cotton is at 64.75, down 63 points,
May 26 Cotton is at 65.93, down 64 points
