“`html
Cotton futures experienced gains on Tuesday, with October futures closing up 21 points at 64.53 cents per pound. December futures rose 42 points to 66.64 cents, while March futures increased by 38 points to 68.56 cents. The outside markets were supportive, as the US dollar index decreased by $0.135 to 96.840 and crude oil futures rose by $1.38.
As of September 22, 60% of the US cotton crop has bolls opening, 1% above the average pace, with harvest currently at 12% complete. Cotton conditions have declined, with 47% rated good/excellent, down 5% from previous reports. The Brugler500 index also fell by 11 points to 333. Key states like Georgia and Texas saw declines of 9 and 13 points, respectively, while Arkansas and Oklahoma recorded slight improvements.
The Cotlook A Index was reported down 55 points at 77.85 cents, and certified ICE cotton stocks remained steady at 15,474 bales. USDA’s Adjusted World Price (AWP) rose by 69 points to 54.79 cents per pound and will be updated on Thursday.
“`
