Cotton prices are trading with Friday morning gains of 29 to 49 points. Futures fell on Thursday, with contracts down 104 to 107 points in the nearby contracts.  The outside markets were mixed factors, as the US dollar index was down 151 points, with crude oil $1.33/barrel lower and back below the $80 level.

Export Sales data showed a total of 316,248 RB of upland cotton sold in the week ending on January 9, the largest in 7 weeks. Turkey was the largest destination of 102,100 RB, with 79,400 RB to Vietnam. Shipments totaled 224,825 RB in that week, the largest since May. Vietnam was the top destination of 84,000 RB, with 33,800 RB to Pakistan.

The Seam reported 9,475 bales of online sales on January 15 at an average price of 61.80 cents/lb.  ICE cotton stocks were unchanged on Wednesday, at 218 bales of certified stocks. The Cotlook A Index was back down 15 points on 1/15 at 77.85 cents/lb. The USDA Adjusted World Price (AWP) was back down 68 points from the previous week on Thursday afternoon at 53.98 cents/lb.

Mar 25 Cotton  closed at 66.73, down 104 points, currently up 40 points

May 25 Cotton  closed at 67.85, down 107 points, currently up 32 points

Jul 25 Cotton  closed at 68.88, down 104 points, currently up 29 points