Cotton futures are trading with midday losses of 85 to 95 points across most contracts on Wednesday. Crude oil is 63 cents per barrel lower on the session, with the US dollar index back up $0.485.
The Seam reported sales on 3,951 bales on October 6 at an average of 82.22 cents/lb. The Cotlook A index was back up 210 points on Tuesday at 91.45. ICE certified cotton stocks were down 4,435 bales on 10/6, with the certified stocks level at 17,756 bales. The Adjusted World Price was down 93 points last week to 65.16 cents/lb.
