Cotton futures are trading with midweek losses of 146 to 190 points so far on Wednesday. Crude oil is down another $2.61/bbl to $70.60. The US dollar index is another $0.172 higher at $101.345.
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.
