Cotton futures finished the day with most front months steady to 25 points lower, as most deferred contracts were higher. The weekly Export Sales report is delayed until Friday, with most expecting sales to slow down from last week’s 326,520 RB. Online cash sales jumped to 28,905 bales reported on the Seam, with an average price of 70.78 cents/lb on December 27, 145 points lower than the previous day. The Cotlook A index was reported at 50 points lower than the previous day at 88.10 cents/lb on December 27. The USDA Adjusted World Price (AWP) was increased 262 points to 70.62 cents/lb on Thursday.

Mar 18 Cotton closed at 78.800, down 15 points,

May 18 Cotton closed at 78.880, down 4 points

Oct 18 Cotton closed at 75.280, down 25 points

Market Commentary provided by:

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