Cotton Rebounds Higher on Tuesday

Cotton futures posted 35 to 42 point gains across most contracts on Tuesday, with March unchanged on thin trade. Crude oil futures were down 18 cents per barrel on the day at $66.13. The US dollar index was up $0.194 at $97.835. The Seam showed sales of 6,714 bales sold on 2/23, averaging 58.60 cents/lb. The Cotlook A Index was up 160 points on Friday at 75.75 cents. ICE certified cotton stocks were steady on February 23, with the certified stocks level at 119,457 bales. The Adjusted World Price was up 66 ...