Cotton futures failed to hold the overnight gains, with contracts closing 20 to 25 points in the red. Crude oil futures were down $1.23 per barrel at $58.85 on the day, with the US dollar index $0.107 higher to $99.075.
Dated Export Sales data showed 292,146 RB of cotton sold in the week of 11/6, a MY high. That was well above the week prior and 27.55% larger than the same week last year. Shipments were 135,898 RB, down from the week prior.
