DTN Morning Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jun 30, 2015 08:30 AM CDT

Cotton futures fell to sharp losses Tuesday as China announced plans to auction part of its massive stockpile in July and August and as traders awaited the U.S. planted acreage report later in the session.

Most-active December hovered off 145 points to 65.78 cents at 8:07 a.m. CDT, trading within a 232-point range from 67.37 to 65.05 cents on a hefty contract volume of 8,681 lots. It posted the session high in the opening minutes of overnight dealings.

China plans to sell a million metric tons (4.59 million 480-pound bales) from its government-held stockpile, the National Development and Reform ...

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