NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Sep 17, 2013 03:27 PM CDT

Cotton futures settled with gains of 36 to 60 points beyond thinly traded October in light dealings Tuesday.

Benchmark December closed up 44 points to 84.44 cents, near the middle of its 112-point range from down 10 points at 83.90 cents to up 102 points at 85.02 cents. October settled down 23 points to 84.77 cents, while March posted the 36-point gain to 84.15 cents.

Volume slowed to an estimated 11,400 lots from 15,584 lots the previous session when spreads totaled 7,229 lots or 46%, EFS 2,182 lots and EFP 22 lots. Options volume totaled 2,914 calls and 1,696 puts.

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