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Barchart

Austin Schroeder

FOUND: Cotton easing lower on tuesday 663a71f7 0864 4e58 9ac0 e740200ebb9c - What They Never Told You

Cotton Oil The Seam IS United States US Dollar

Cotton futures are slipping 14 to 16 points across the front months on Tuesday. Crude oil futures are down $0.94 per barrel on the day at $63.08. The US dollar index was down $0.222 to $97.270.

Monday’s online auction from The Seam showed sales of 56.99 cents/lb on 8.955 bales. The Cotlook A Index was down another 15 points on January 30 at 73.80 cents. ICE certified cotton stocks were up 2 on 2/2 with the certified stocks level at 34,228 bales. The Adjusted World Price was updated to 50.23 cents/lb last week.

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