So far on Wednesday, cotton prices are up 8 to 12 points. Futures closed lower on Tuesday, as contracts were down 22 to 32 points on the day. The future price of crude oil was up $1.09 per barrel at $60.53. The US dollar index fell $0.836 to $98.365.
The Seam’s online auction on January 19 showed 1,971 bales selling for 60.43 cents/lb. The Coutlook A index was unchanged at 74.80 cents on 1/19. ICE certified cotton stocks remained unchanged on Monday with the certified stock level at 11,029 bales. The adjusted world price was updated on Thursday to 51.17 cents/lb, up 20 points from last week.
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26 march cotton Fell 32 points and closed at 64.34, currently up 11 points
26 May Cotton Fell 27 points and closed at 65.96, currently up 10 points
26 july cotton Fell 22 points and closed at 67.43, currently up 8 points
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