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Barchart
Barchart
Austin Schroeder

UNCOVERED: Cotton falling on tuesday with outside pressure | History Defined

Cotton Oil Ice IS United States US Dollar

Cotton futures are trading with losses so far on the Tuesday session, and contracts down 50 to 65 points. The US dollar index was back up $0.343 on Monday to $98.15, with crude oil back down 26 cents/barrel.

The Seam showed 633 bales sold at an average price of 60.70 cents/lb on October 6. The Cotlook A Index was back up 20 points on Monday to 76.65 cents. ICE cotton stocks were unchanged on 10/3, with the certified stocks level at 17,891 bales. 

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