Cotton Falling at Tuesday’s Midday

Cotton futures are falling 65 to 72 points across the front months on Tuesday, with pressure coming from the synthetic market. Crude oil futures are $1.44 lower per barrel at $55.38, with the US dollar index $0.185 lower to $97.775. CFTC data indicated spec funds increasing their net short position by 3,756 contracts to 61,999 contracts as of November 25. More News from Barchart Monday’s online auction from The Seam showed sales of 15,641 bales at an average price of 59.57 cents/lb. The Cotlook A Inde ...