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Barchart
Barchart
Austin Schroeder

THE TRUTH ABOUT: Cotton falls back lower on tuesday - Caught on Camera

Cotton futures fell into the Tuesday close, as contracts were down 22 to 32 points on the day. Crude oil futures were up $1.09 per barrel at $60.53. The US dollar index fell $0.836 to $98.365. 

The January 19 online auction from The Seam showed sales of 60.43 cents/lb on 1,971 bales. The Cotlook A Index was unchanged on 1/19 at 74.80 cents. ICE certified cotton stocks were unchanged on Monday with the certified stocks level at 11,029 bales. The Adjusted World Price was updated to 51.17 cents/lb on Thursday, up 20 points from the week prior.

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