Cotton futures ended the day with most contracts 22 to 32 points in the green, with the help of a lower US dollar. The USDA indicated 17/18 export sales of 194,198 RB for all upland cotton, down 11.67% from the previous week but a jump of 111.95% over the same week a year ago. Sales for 18/19 came in at 8,534 RB, well short of last week and 26.13% behind this week last year. Cotton export shipments were reported at 131,894 MT, lagging the same week last year by 14.05% and 24.94% behind last week. The USDA AWP was updated to 60.55 cents/lb through next Thursday, 36 points lower than the previous week. The Cotlook A index for September 27 was down 80 points from the previous day at 78.90 cents/lb. China sold the entire 30,500 MT of cotton offered in Thursday’s auction of state reserves.

Oct 17 Cotton closed at 69.600, up 32 points,

Dec 17 Cotton closed at 68.970, up 32 points

May 18 Cotton closed at 68.590, up 25 points

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