Cotton futures posted midweek losses of 187 to 247 points across the front months on Wednesday. Crude oil was down another $3.34/bbl to $69.87. The US dollar index was another $0.147 higher at $101.320.
The Seam reported 88 bales sold on June 23 at an average price of 72.15 cents. The Cotlook A Index was down 30 points on 6/23 at 88.30 cents. ICE certified cotton stocks were unchanged on Tuesday with the certified stocks level at 189,447 bales. The Adjusted World Price was down another 111 points last week at 62.37 cents/lb. It will be updated on Thursday.
