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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Oct 25 Cotton is at 62.7, down 16 points,
Dec 25 Cotton is at 64.55, down 59 points,
Mar 26 Cotton is at 66.45, down 64 points
