Cotton futures loitered within the prior-session range for the second day in a row Friday and finished with a slight loss on thin volume.
Benchmark December closed off 32 points to 64.35 cents, around the lower quarter of its 83-point range from up 31 points at 64.98 to down 52 points at 64.15 cents. It managed a tiny 14-point gain for the week.
Volume slowed to an estimated 10,445 lots from 13,492 lots the previous session when spreads accounted for 2,965 lots or 22% and EFP 29 lots. Options volume totaled 850 calls and 2,116 puts.
Isolated to scattered thunderstorms ...