Cotton futures slipped lower into the close, with contracts posting losses of 10 to 15 points on the day. Crude oil futures were $1.09 per barrel higher at $57.83. The US dollar index was steady at $97.700.
The December 26 online auction from The Seam showed sales of 9,181 bales at an average price of 60.31 cents/lb. The Cotlook A Index was up 50 points on Wednesday at 74.00 cents. ICE certified cotton stocks were steady on 12/26 with the certified stocks level at 11,600 bales. The Adjusted World Price was updated to 50.02 cents/lb on Monday morning after being delayed due to the holiday last week, up just 3 points from the week prior. The LDP rate is now 1.98 cents.
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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
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