Cotton futures closed lower, with contracts losing 10 to 15 points. Crude oil futures rose $1.09 to $57.83 per barrel. The US dollar index remained steady at $97.700. The Seam’s online auction on December 26 saw sales of 9,181 bales at an average price of 60.31 cents/lb. ICE certified cotton stocks held steady at 11,600 bales. The Cotlook A Index increased by 50 points to 74.00 cents. The Adjusted World Price rose to 50.02 cents/lb, with an LDP rate of 1.98 cents. Mar 26 Cotton closed at 64.35, down 14 points. May 26 Cotton closed at 65.63, down 15 points. Jul 26 Cotton closed at 66.84, down 11 points. No positions in mentioned securities. Information for informational purposes only. Published on Barchart.com.

Read more at Yahoo Finance: Cotton Faces Pressure into the Close