NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jun 18, 2013 02:44 PM CDT

Cotton futures finished lower again Tuesday as rains in West Texas, talk of slack export inquiries and a continued buildup in deliverable stocks invited follow-through selling.

Benchmark December lost 167 points to close at 87.32 cents, a few ticks below Monday's low and around the lower quarter of its 201-point range from down 12 points at 88.87 to down 213 points at 86.86 cents.

July plunged 245 points to settle at 84.98 cents, just a couple of points off the low of its 220-point range from down 23 points at 87.20 to down 243 points at 85 cents.

Volume slowed ...

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