Cotton Prices Experience Ongoing Decline This Tuesday Morning

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Cotton prices fell by 24 to 30 points, with front-month futures down 10 to 16 points on October 3. The US dollar index rose by $0.38 to $97.795, while crude oil prices increased to $0.85 per barrel.

In the online auction on October 3, The Seam reported 240 sales at an average price of 62.30 cents per pound. The Cotlook A Index decreased by 50 points to 76.45 cents, and ICE cotton stocks remained unchanged at 17,891 bales.

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