Cotton Posting Midday Gains on Friday

Group 1 - Cotton futures are experiencing midday gains of 25 to 30 points on Friday [1] - Crude oil futures have increased by 47 cents per barrel, reaching $56.47 [1] - The US dollar index has risen by $0.197 to $98.285 [1] Group 2 - Total export sale commitments for cotton are at 5.72 million RB, which is 16.53% lower than the same period last year [1] - Shipments have increased by 7.61% during the marketing year, totaling 2.3 million RB [1] Group 3 - The December 18 online auction from The Seam reported sales of 9,858 bales at an average price of 60.53 cents/lb [2] - The Cotlook A Index increased by 30 points to 73.30 cents on December 17 [2] - ICE certified cotton stocks remained unchanged at 12,396 bales [2] Group 4 - The Adjusted World Price for cotton has been updated to 49.99 cents/lb, reflecting a 40-point drop from the previous week [2] - March 26 Cotton is priced at 63.8 cents, up 29 points; May 26 Cotton is at 64.88 cents, up 27 points; July 26 Cotton is at 65.91 cents, up 25 points [2]