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Cotton prices fell by 23 to 30 points on Tuesday morning, with futures mixed on Monday, closing down 12 to up 4 points. Crude oil decreased by 5 cents per barrel, while the US dollar index rose by $0.188 to 98.380.
On October 20, an online auction from The Seam sold 463 bales of cotton at an average price of 62.58 cents per pound. The Cotlook A Index remained steady at 75.10 cents as of October 17. ICE certified cotton stocks increased by 1 bale, totaling 16,752 bales; however, the Agricultural Marketing Service has not reported the Average Weighted Price due to the ongoing government shutdown.
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