Cotton futures tumbled to triple-digit losses Tuesday as trading resumed following a three-day holiday weekend.
Benchmark December hovered off 122 points to 65.35 cents at 7:57 a.m. CDT, near the low of its 109-point range from 66.36 to 65.27 cents -- a five-session now -- on brisk volume for this time of day of 4,416 lots. It hit the session high just after the overnight opening and headed south.
In the news, China's economy sputtered in August with factory output slowing as the effect of stimulus measures earlier this year fades, Dow Jones Newswires reported.
The official Purchasing Managers Index ...