Cotton price action is down 2 to 6 points across most front months on Thursday. Futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578 lower to $98.620. Commitment of Traders data for the week ending on November 10 showed managed money cutting 3,453 contracts from their net short position to 60,329 contracts. More News from Barchart Tuesday’s online auction from Th ...

Group 1 - Cotton futures are experiencing a rebound, with contracts increasing by 15 to 25 points at midday, following a new contract low for December [1] - The US dollar index has risen by $0.441 to reach 98.725, while crude oil prices have increased by 92 cents per barrel [1] - On October 7, 2,777 bales of cotton were sold at an average price of 61.55 cents per pound, with the Cotlook A Index remaining steady at 76.65 cents [1] Group 2 - As of October 25, cotton prices are reported as follows: October 25 Cotton at 62.02 (down 68 points), December 25 Cotton at 64.7 (up 24 points), and March 26 Cotton at 66.55 (up 17 points) [2]

Group 1 - Cotton futures are experiencing midday losses ranging from 56 to 93 points, indicating a downward trend in the market [1] - The US dollar index increased by $0.540 to reach $97.060, while crude oil futures decreased by $0.36 [1] - The USDA reported upland cotton export business at 186,108 running bales (RB) for the week ending September 11, with shipments at a three-week low of 120,493 RB [1] Group 2 - The Seam reported the sale of 4,975 bales of cotton on Wednesday at an average price of 65.23 cents per pound [2] - The Cotlook A Index rose by 100 points to 79.10 cents on September 17, reflecting a slight increase in cotton pricing [2] - ICE cotton stocks remained steady on September 17, with certified stocks at 15,474 bales [2] - The USDA's Adjusted World Price (AWP) decreased by 21 points last week to 54.10 cents per pound, indicating a decline in global pricing [2] - Cotton futures for October 25 are at 64.93 cents, down 93 points; December 25 at 66.66 cents, down 59 points; and March 26 at 68.64 cents, down 56 points [2]