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Barchart
Barchart
Austin Schroeder

Cotton Pushing Higher on Tuesday

Cotton futures price action is up 19 to 21 points across the nearbys at midday. Crude oil futures are down $1.15/barrel to $60.16, with the US dollar index down $0.118 to $98.445.

The Monday online auction from The Seam showed 2,151 bales sold with an average price of 61.44 cents/lb. The Cotlook A Index was back up 5 points on 10/27 at 75.60 cents. ICE certified cotton stocks were steady on October 27, with the certified stocks level at 17,552 bales. 

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