Cotton futures closed out the Thursday session with contracts up 26 to 33 points. Crude oil futures were down $1.17/barrel on the day. The US dollar index was steady on the day.
The Seam reported 6,265 bales of online sales on January 22 at an average price of 60.91 cents/lb. ICE cotton stocks were unchanged on Monday, at 218 bales of certified stocks. The Cotlook A Index was up 5 points on 1/22 at 78.10 cents/lb. The USDA Adjusted World Price (AWP) was down another 27 points from the previous week on Thursday afternoon at 53.71 cents/lb.
Mar 25 Cotton closed at 67.47, up 33 points,
May 25 Cotton closed at 68.54, up 26 points,
Jul 25 Cotton closed at 69.64, up 27 points
Source: barchart.com