Cotton Slightly Higher at Midday

Group 1 - Cotton futures are experiencing gains of 7 to 8 points for the front month contracts as of Wednesday's midday [1] - Crude oil futures have increased by 15 cents per barrel, reaching $60.50 [1] - The US dollar index has risen by $0.051 to a level of $98.490 [1] Group 2 - The online auction from The Seam reported sales at 61.10 cents per pound for 25,238 bales [2] - The Cotlook A Index remained unchanged at 74.80 cents on January 20 [2] - ICE certified cotton stocks decreased by 607 bales to a total of 10,422 bales as of January 20 [2] - The Adjusted World Price was updated to 51.17 cents per pound, reflecting an increase of 20 points from the previous week [2] Group 3 - March 26 Cotton is priced at 64.42 cents, up 8 points [3] - May 26 Cotton is priced at 66.03 cents, up 7 points [3] - July 26 Cotton is priced at 67.5 cents, up 7 points [3]