Cotton futures closed with weakness on Monday with contracts down 10 to 25 points. The outside markets were mixed factors, with the US dollar index up just 91 points and crude oil back up $0.95/barrel lower.
The Seam reported 1,251 bales of online sales on December 6 at an average price of 53.32 cents/lb. ICE cotton stocks 2,233 bales on Friday, at 16,696 bales of certified stocks. The Cotlook A Index was down 25 points on 12/6 at 81.35 cents/lb. The USDA Adjusted World Price (AWP) was raised by 21 points last week to 57.74 cents/lb.
Mar 25 Cotton closed at 69.95, down 16 points,
May 25 Cotton closed at 71.19, down 16 points,
Jul 25 Cotton closed at 72.25, down 16 points
