Cotton futures closed Thursday, with front months down 3 to 5 points. The US dollar index was at $98.135, and crude oil was $0.87/barrel lower. The online auction showed 445 bales sold at an average price of 54.09 cents/lb. ICE certified cotton stocks were up 158 bales on October 15.
Dec 25 Cotton closed at 63.73, down 3 points. Mar 26 Cotton closed at 65.29, down 4 points. May 26 Cotton closed at 66.5, down 5 points. Austin Schroeder did not have positions in mentioned securities. Information is for informational purposes only. Originally published on Barchart.com.
Read more at Yahoo Finance: Cotton Slips Back Lower into the Close
