Cotton futures posted triple digit gains in most front months, with nearby Oct 128 points higher. The Cotlook A index for October 3 was down 85 points from the previous day at 77.70 cents/lb. The Seam showed online cash sale at 3,083 bales on Tuesday, with prices averaging 66.64 cents/lb. ICAC foresees further reductions in Chinese stocks, while world ex-China inventory expands. World mill use is expected to grow modestly in a lower price environment. They project the US to total 39% of the world trade total, with 14.2 million bales of the 36.4 total.

Oct 17 Cotton closed at 69.430, up 128 points,

Dec 17 Cotton closed at 68.800, up 128 points

May 18 Cotton closed at 68.620, up 108 points

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