Cotton futures posted 60 to 92 point losses across most contracts on Friday, with December down 192 points this week. Crude oil futures were 39 cents/barrel to $59.82 on the day, with the US dollar index $0.165 lower to $99.420.
The Thursday online auction from The Seam showed 2,261 bales sold with an average price of 63.81 cents/lb. The Cotlook A Index was unchanged on 11/6 at 76.55 cents. ICE certified cotton stocks were steady on November 6 with the certified stocks level at 13,749 bales. The AWP continues to not be updated due to the government shutdown.
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Dec 25 Cotton closed at 63.62, down 92 points,
Mar 26 Cotton closed at 65.14, down 63 points,
May 26 Cotton closed at 66.35, down 63 points
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