Cotton Falling Back Again Early on Friday

Austin Schroeder Barchart Fri Oct 3, 7:40AM CDT
Cotton bunches by Tijana Drndarski via Unsplash

Cotton price action is down 10 to 17 points on Friday morning. Futures closed the Thursday session with contracts falling back 42 to 50 points amid outside pressure. The US dollar index was up $0.214 on the day to $97.595, with crude oil falling $1.10/barrel.

Wednesday’s online auction from The Seam showed 2,158 sales at an average price of 62.98 cents/lb. The Cotlook A Index was back up 25 points on October 1 to 77.15 cents. ICE cotton stocks were unchanged on 10/1, with the certified stocks level at 17,891 bales. USDA’s Adjusted World Price (AWP) was not reported on Thursday due to the government shutdown.

Oct 25 Cotton  closed at 62.65, down 50 points, currently unch

Dec 25 Cotton  closed at 65.09, down 50 points, currently down 14 points

Mar 26 Cotton  closed at 67.04, down 42 points, currently down 17 points


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.