DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Mon Apr 8, 2013 04:02 PM CDT

Cotton futures tumbled to sharp closing losses in heavy dealings Monday amid follow-through selling from a weak finish last week.

Spot May fell 141 points to close at 85.38 cents, near the low of its 217-point range from up 60 points at 87.29 to down 157 points at 85.22 cents. It triggered sell stops when it took out the 86.12 low of week before last and finished at the lowest settlement since March 1.

The market has finished lower three sessions in a row. July lost 131 points to settle at 87.26 cents, also near the low of its 209-point ...

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