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Barchart
Barchart
Austin Schroeder

SHOCKING: Cotton falling back on thursday - You Need To See This

Cotton Oil The Seam IS United States US Dollar

Cotton futures are down 50 to 52 points in the front months on Thursday’s midday. Crude oil futures are down 33 cents/barrel to $59.29 in the day, with the US dollar index down $0.444 to $99.615.

The Wednesday online auction from The Seam showed 2,463 bales sold with an average price of 62.98 cents/lb. The Cotlook A Index was down 55 points on 11/5 at 76.55 cents. ICE certified cotton stocks were steady on November 4 with the certified stocks level at 13,749 bales. 

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