Cotton Continues Pullback on Wednesday AM Trade

Cotton prices are down 22 to 30 points on Wednesday morning. 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. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.

Dec 25 Cotton is at 63.51, down 8 points, currently down 23 points

Mar 26 Cotton is at 65.09, down 17 points, currently down 24 points

May 26 Cotton is at 66.31, down 25 points, currently down 24 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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