Cotton Slipping Back to Start Tuesday Trade

Group 1 - Cotton prices have decreased by 10 to 13 points early on Tuesday, following a rise of 10 to 16 points in the front months at the Monday close [1] - CFTC data shows that spec funds have increased their net short position by 3,756 contracts, bringing the total to 61,999 contracts as of November 25 [1] - Export Sales data indicates that cotton sales for the week ending on November 20 were 148,396 RB, marking a three-week low, while shipments increased to 120,825 RB [2] Group 2 - The online auction from The Seam reported sales of 8,516 bales at an average price of 59.57 cents per pound [3] - The Cotlook A Index decreased by 25 points to 73.95 cents on December 12, while ICE certified cotton stocks remained steady at 13,971 bales as of December 11 [3] - The Adjusted World Price was updated to 50.39 cents per pound, down 89 points from the previous week [3]