Cotton prices are down 20 to 40 points early on Thursday morning. Futures crept lower into the Wednesday close, as contracts were down 1 to 18 points on the session.  Crude oil was back up $3.61 to $99.82, with the US dollar index up $0.725 to $100.055. 

The Seam showed sales on 15,400 bales on 3/17, averaging 64.28 cents/lb. The Cotlook A Index was up 230 points on 3/17 at 78.75 cents. ICE certified cotton stocks were unchanged on March 17, with the certified stocks level at 116,789 bales. The Adjusted World Price was back up just 6 points last week to 51.50 cents/lb. It will be updated on Thursday. 

May 26 Cotton  closed at 68.7, down 7 points, currently down 36 points

Jul 26 Cotton  closed at 70.57, down 18 points, currently down 38 points

Dec 26 Cotton  closed at 72.64, down 1 points, currently down 20 points

More news from Barchart

• Is Cotton Preparing to Take Off on the Upside?
• How Much Lower Will Cotton Prices Go Here?
• Can Cotton Recover as Seasonal Strength Approaches?
• The Bears Are in Control as Cotton Prices Sink. 1 Trade to Make Here.