Cotton futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil was down $2.03 on the day after late reports that the US and Iran were reviewing a Pakistan proposed 2-week ceasefire ahead of Tuesday nights deadline.
Crop Progress data was released from Monday, showing 5% of the US cotton crop planted by Sunday. That matched the 5-year average and was 1% ahead of the same date last year.
