Cotton price action is up 62 to 68 points early on Thursday, as October expires today. Futures posted Wednesday losses of 21 to 118 points at the close. Crude oil was down 50 cents per barrel on the session, with the US dollar index $0.440 higher.
The Seam reported sales on 3,951 bales on October 6 at an average of 82.22 cents/lb. The Cotlook A index was back up 210 points on Tuesday at 91.45. ICE certified cotton stocks were down 4,435 bales on 10/6, with the certified stocks level at 17,756 bales. The Adjusted World Price was down 93 points last week to 65.16 cents/lb.
