Cotton futures are steady to 8 points lower across most contracts on Tuesday. Crude oil futures are down 47 cents per barrel at $58.85 on the day, with the US dollar index $0.008 higher to $99.370.

The December 1 online auction from The Seam showed 6,106 bales sold at an average price of 60.03 cents/lb. The Cotlook A Index was up 10 points on Monday at 75.05 cents. ICE certified cotton stocks were down 450 bales on 12/1 with the certified stocks level at 19,894 bales. The Adjusted World Price was updated to 50.77 cents/lb last week, down 3 points from the previous week. 

Dec 25 Cotton  is at 62.83, down 8 points,

Mar 26 Cotton  is at 64.56, down 7 points,

May 26 Cotton  is at 65.71, down 7 points

More news from Barchart

• How Much Lower Will Soybean Meal Prices Go?
• The Bears Are in Control of Cotton. How Much Lower Will Prices Go?
• Can Wheat Prices Recover?
• Cotton Is Under Serious Pressure and Corn Prices Just Hit a 4-Week Low. Grain Bulls Need to Step It Up.