Cotton futures pulled out strength on Monday, with contracts up 12 to 15 points in the nearbys. Crude oil futures were up 4 cents/barrel to $61.02, with the US dollar index back up $0.075 to $99.705.
The October 31 online auction from The Seam showed 1,219 bales sold with an average price of 62.50 cents/lb. The Cotlook A Index was down 95 points on Friday at 76.45 cents. ICE certified cotton stocks were steady on 10/31, with the certified stocks level at 13,749 bales.
