
Cotton price futures are trading with thin October up 67 points and other contracts down 3 to 8 points. The outside markets are supportive on Wednesday, as US dollar index was down $0.084 on the day to $98.035 and crude oil futures were up $1.05
The Seam reported 692 bales sold in the Tuesday online auction at an average price of 63 cents/lb. The Cotlook A Index was up 15 points at 79.30 cents on August 18. ICE cotton stocks were down 1,011 bales on 8/19, with the certified stocks level at 16,006 bales. USDA’s Adjusted World Price (AWP) was back up 66 points last week at 55.05 cents/lb. It will be updated again on Thursday.