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Barchart
Barchart
Austin Schroeder

Cotton Slipping Back Lower at Midday

Cotton Oil IS United States US Dollar

Cotton futures are showing Thursday weakness of 13 to 21 points so far on the session. Crude oil futures are back up 36 cents per barrel to $58.86 so far on the day, with the US dollar index $0.464 lower to $98.910.

Export Sales data was delayed more than a month, but showed sales in the week of 9/25 this morning, with 155,414 RB of cotton sold. Shipments were tallied at 117,595 RB.

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