Cotton futures extended gains from the previous day and posted new session highs Friday on the heels of U.S. weekly export sales-shipments data.
Spot July hovered up 121 points to 65.56 cents at 8 a.m. CDT, trading within a 133-point range from 64.58 to 65.91 cents on a brisk contract volume of 7,975 lots. It posted the highest intraday print in eight sessions.
December traded up 66 points to 65.72 cents, trading within a 101-point span from 65.09 to 66.10 cents on a turnover of 4,668 lots.
Net upland export sales for shipment this season came in near the high ...