Cotton futures closed the Wednesday session on a mixed note, with contracts down 16 points to 28 points higher. Crude oil was up $3.65to $91.85/barrel. The US dollar index was up $0.130 at $100.045.
The Cotlook A Index was back up 40 points on 6/9 at 85.90 cents. ICE certified cotton stocks were down 25,818 bales on June 9 with the certified stocks level at 231,683 bales. The Adjusted World Price was down another 29 points last week at 63.20 cents/lb.
Jul 26 Cotton closed at 71.1, down 16 points,
Dec 26 Cotton closed at 75.3, unch
Mar 27 Cotton closed at 76.6, up 2 points
