Cotton futures are down 20 to 36 points in the front months so far on Thursday.  The outside markets are supportive factors, as crude oil futures are up 14 cents/barrel on the day, with the US dollar index down 54 points.

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 down another 27 points from the previous week last Thursday afternoon at 53.71 cents/lb. 

Mar 25 Cotton  is at 66.3, down 36 points,

May 25 Cotton  is at 67.55, down 25 points,

Jul 25 Cotton  is at 68.76, down 20 points