
Cotton prices are down 3 to 10 points early on Friday. Futures posted slightly stronger trade on Thursday, closing with 1 to 11 point gains with now in deliveries October down 21 points. The US dollar index was back up $0.617 on the day to $98.135, with crude oil futures 25 cents higher.
Export Sales data from this morning showed just 86,094 RB of cotton sold in the week of 9/18, a marketing year low. India was the buyer of 27,300 RB, with 22,300 RB sold to Turkey. Shipments were a 3-week high at 137,223 RB. Vietnam was destined for 41,700 RB, with 21,000 RB to India and 20,600 RB to Bangladesh.