14:54 EDT - Cotton edged higher after USDA reported net sales of 130,500 running bales for the week ending Sept 20, with 54,900 bales for China. Traders say the fact that China is still buying should support the market. In addition, "the crop in India will be lower as a result of the poor monsoon season, yet domestic demand is picking up," Commerzbank says in a note. "Less competition from India, the second-largest exporter of cotton, should lend support to US cotton prices." ICE cotton for December delivery settled 0.7% higher at 71.53c/lb.