Cotton futures closed lower on Tuesday, with contracts down 22 to 32 points. Crude oil futures rose $1.09 per barrel to $60.53, while the US dollar index fell to $98.365. The January 19 online auction from The Seam saw sales of 60.43 cents/lb on 1,971 bales, with ICE certified cotton stocks remaining unchanged at 11,029 bales. The Cotlook A Index held steady at 74.80 cents. Adjusted World Price was updated to 51.17 cents/lb, a 20-point increase from the previous week. Cotton prices closed lower with Mar 26 at 64.34, May 26 at 65.96, and Jul 26 at 67.43.

Read more at Yahoo Finance: Cotton Falls Back Lower on Tuesday