NEWS
Weekly Cotton Comments
Duane Howell DTN Contributing Cotton Analyst
Fri Dec 12, 2014 05:45 AM CST

Strong U.S. weekly export sales helped to lift spot March cotton futures to a four-week high this week after friendly U.S. supply-demand estimates clashed with a reinforced bearish world balance sheet.

Yet the market closed mixed for the week ended Thursday, up six ticks to 60.48 cents in March, down 31 points to 61.02 cents in May, down 36 points to 61.66 cents in July and off 20 points to 64.40 cents in December 2015.

March touched a high of 61.08 cents, its highest intraday price since Nov. 12 before retreating amid scale-up commercial selling. It narrowly closed at a ...

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