Cotton futures traded within tiny ranges around little changed Friday, still positioned to finish with weekly losses.
Spot July hovered off four points to 63.69 cents at 8:02 a.m. CDT, just a tick off the low of its 44-point range from 64.12 to 63.68 cents on a contract volume of 3,269 lots. It closed last Friday at 66.84 cents.
December traded up a point to 64.71 cents, the low of its 34-point range and a point down from where it opened overnight on a turnover of 1,301 lots. It closed last Friday at 66.82 cents.
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