DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jan 28, 2014 02:53 PM CST

Cotton futures eked out small closing gains Tuesday to snap a string of four consecutive lower settlements.

Spot March settled up 10 points to 84.35 cents, around the lower third of its 97-point range from 84.02 to 84.99 cents. It remained within Monday's 350-point trading range.

The May contract edged up 14 points to close at 84.85 cents, July rose 17 points to 84.93 cents and December gained 24 points to 76.91 points. Relative macro-economic calm aided the bounce.

Volume slowed to an estimated 21,010 lots from 41,564 lots the previous session when March turnover alone accounted for a whopping ...

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