**Cotton Futures Update**
On September 8, cotton futures closed with gains of 5 to 109 points, with October contracts ending at 83.73 cents per pound, December at 87.28 cents, and March at 89.65 cents. Weekly Crop Progress data reported that 34% of crops are rated as good/excellent, a decrease of 5 percentage points over the week.
**Market Overview**
Crude oil prices rose by $3.64 per barrel, while the U.S. dollar index remained steady. The Seam reported sales of 632 bales at an average price of 76.26 cents per pound. Additionally, the Adjusted World Price increased by 240 points, now at 73.92 cents per pound. The Brugler500 index fell to 298, with Texas ratings specifically dropping 8 points to 252. Certified cotton stocks remain unchanged at 54,414 bales.
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