Cotton prices are down 21 to 35 points across the nearbys on Friday morning trade. Futures were down 22 to 39 points in the front months on Thursday.  The outside markets were mixed factors, as crude oil futures were up 61 cents/barrel on the day, with the US dollar index up 161 points on a late day rally.

Weekly Export Sales data showed a total of 280,010 RB in cotton sales in the week ending on January 23. That was a drop of 19.75% from last week and 19.85% below the same week last year. Vietnam was the buyer of 86,000 RB, with 76,300 RB to Turkey. Shipments were tallied at 153,512 RB, a decline of 31.04% wk/wk. Pakistan was the destination of 38,700 RB, with 30,500 RB to Vietnam.

The Seam reported 4,646 bales of online sales on January 29 at an average price of 59.48 cents/lb. ICE cotton stocks were unchanged on Wednesday, at 218 bales of certified stocks. The Cotlook A Index was down another 25 points on 1/29 at 78.25 cents/lb. The USDA Adjusted World Price (AWP) was back up 31 points from the previous week on Thursday afternoon at 54.02 cents/lb. 

Mar 25 Cotton  closed at 66.27, down 39 points, currently down 31 points

May 25 Cotton  closed at 67.54, down 26 points, currently down 24 points

Jul 25 Cotton  closed at 68.74, down 22 points, currently down 29 points