Cotton futures saw mixed trade on Wednesday, with contracts down 2 to 3 cents higher at the close. Crude oil futures were down 96 cents/barrel to $59.60 in the day, with the US dollar index down $0.065 to $100.005.
The Tuesday online auction from The Seam showed 729 bales sold with an average price of 65.95 cents/lb. The Cotlook A Index was up 25 points on 11/4 at 77.10 cents. ICE certified cotton stocks were steady on November 4 with the certified stocks level at 13,749 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 closed at 65.23, up 3 points,
Mar 26 Cotton closed at 66.4, down 2 points,
May 26 Cotton closed at 67.57, unch
