Cotton Slips Lower on Wednesday

Group 1 - Cotton futures experienced a decline, with contracts down 1 to 18 points as of the Wednesday close [1] - The Seam reported sales of 15,400 bales on March 17, averaging 64.28 cents per pound [2] - The Cotlook A Index increased by 230 points on March 17, reaching 78.75 cents [2] Group 2 - ICE certified cotton stocks remained unchanged at 116,789 bales as of March 17 [2] - The Adjusted World Price rose by 6 points last week to 51.50 cents per pound, with an update expected on Thursday [2] - Cotton futures for May, July, and December 2026 closed at 68.7, 70.57, and 72.64 cents respectively, with declines of 7, 18, and 1 points [3]