DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Oct 17, 2013 03:18 PM CDT

Cotton futures rebounded off a new intraday low for the move to close moderately higher Thursday, underpinned by mill buying and fixations.

Spot December closed up 66 points at 83.92 cents, just off the high of its 135-point range from down 59 points at 83.57 cents -- its lowest intraday price since Sept. 6 -- to up 76 points at 83.92 cents. March settled up 67 points to 84.95 cents.

Volume quickened to an estimated 17,900 lots from 16,026 lots the previous session when spreads totaled 5,374 lots or 34%, EFP 44 lots and EFS 20 lots. Options volume totaled ...

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