Cotton futures are trading with 8 to 17 point gains so far on Thursday’s midday. The outside markets are mixed factors, with the US dollar index up 40 points and crude oil 13 cents/barrel higher.

Export Sales data from this morning showed a total of 152,989 RB sold in the week ending on 12/5, which was a 9-week low and 10.36% below the week prior. Vietnam was the largest buyer of 75,800 RB, with 50,700 RB sold to Pakistan. Shipments were back down 12.78% from last week to 137,408 RB. Pakistan was the largest destination of 29,200 RB, and 27,800 RB to China. 

The Seam reported 6,230 bales of online sales on December 11 at an average price of 63.45 cents/lb. ICE cotton stocks 882 bales on Wednesday, at 20,113 bales of certified stocks. The Cotlook A Index was down 50 points on 12/11 at 79.60 cents/lb. The USDA Adjusted World Price (AWP) was raised by 21 points last week to 57.74 cents/lb. It will be updated later today.

Mar 25 Cotton  is at 70.32, up 17 points,

May 25 Cotton  is at 71.37, up 10 points,

Jul 25 Cotton  is at 72.33, up 8 points