Cotton Leaking Lower on Wednesday

Austin Schroeder Barchart Wed Jan 8, 12:12PM CST
Cotton Fabric with texture by Kwangmoozaa via iStock

Cotton futures are trading with contracts down 7 to 13 points at midday. The outside factors are adding pressure, as the US dollar index is up 577 points, with crude oil $0.89/barrel higher. 

The Seam reported 13,770 bales of online sales on January 7 at an average price of 61.88 cents/lb.  ICE cotton stocks were unchanged on Tuesday, at 20,113 bales of certified stocks. The Cotlook A Index was back up 100 points on 1/7 at 79.05 cents/lb. The USDA Adjusted World Price (AWP) was up 48 points from the previous week last Thursday at 55.03 cents/lb.

Mar 25 Cotton  is at 68.47, down 4 points,

May 25 Cotton  is at 69.62, down 6 points,

Jul 25 Cotton  is at 70.62, down 13 points


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.