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Cotton prices rose 22 to 31 points on Friday morning, following a loss of 30 to 38 points the previous day. In related commodities, crude oil futures increased by 76 cents to $59.71 per barrel, while the US dollar index climbed $0.129 to $98.930.
Export sales data for the week ending October 30 reported the lowest marketing year sales for upland cotton at 81,530 RB. Shipments for the same week totaled 146,581 RB, marking a three-week low. Additionally, the 12/3 online auction from The Seam recorded 10,758 bales sold at an average price of 59.66 cents/lb, with ICE certified cotton stocks remaining steady at 19,894 bales.
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