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Cotton futures experienced mostly weaker trading on Monday, October 3, 2023, with losses ranging from 11 to 15 points, while the October contract rose by 21 points. The US dollar index increased by $0.410 to reach $97.825, and crude oil prices rose by $0.96 per barrel.
The online auction held on October 3 showed 240 sales at an average price of 62.30 cents per pound. The Cotlook A Index decreased by 50 points to 76.45 cents. As of October 3, ICE cotton stocks remained unchanged with certified stocks at 17,891 bales.
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