Cotton Showing Wednesday Gains

Group 1 - Cotton futures have increased by 39 to 99 points on Wednesday, indicating a positive trend in the market [1] - Crude oil futures rose by 13 cents per barrel, reaching $58.08, while the US dollar index decreased by $0.064 to $99.525 [1] - Speculative funds in cotton futures and options have added 5,017 contracts to their record net short position, totaling 81,343 contracts as of October 14 [1] Group 2 - The November 25 online auction from The Seam reported the sale of 6,457 bales at an average price of 59.97 cents per pound [2] - The Cotlook A Index increased by 25 points to 74.35 cents on Monday [2] - ICE certified cotton stocks remained steady at 20,344 bales as of November 25 [2] - The Adjusted World Price was updated to 50.80 cents per pound, reflecting a decrease of 103 points from the previous week [2] - December 25 Cotton is priced at 62.43 cents, up 99 points; March 26 Cotton is at 64.61 cents, up 38 points; May 26 Cotton is at 65.78 cents, up 35 points [2]