Cotton futures Bounced off of overnight lows with contracts up 30 to 45 points at the close, as December rallied off a new contract low. The US dollar index is back up $0.276 to $98.560, with crude oil 51 cents/barrel higher.
The Seam showed 2,777 bales sold on October 7 at an average price of 61.55 cents/lb. The Cotlook A Index was steady on Tuesday at 76.65 cents. ICE cotton stocks were unchanged on 10/7, with the certified stocks level at 17,891 bales.
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Oct 25 Cotton closed at 62.47, up 45 points,
Dec 25 Cotton closed at 64.91, up 45 points,
Mar 26 Cotton closed at 66.76, up 38 points
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