Cotton futures posted losses of 8 to 25 points across most contracts on Tuesday. The US dollar index was back down $0.215 on Tuesday to $98.815, with crude oil $0.85/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 63.51, down 8 points,
Mar 26 Cotton is at 65.09, down 17 points,
May 26 Cotton is at 66.31, down 25 points
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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