Cotton futures settled flat to down 28 points in end-of-month trading Monday, seemingly little affected by an explosive crude oil rally.
Benchmark December finished unchanged at 63 cents, near the middle of its 113-point range from down 60 points at 62.40 to up 53 points at 63.53 cents. It lost 121 points or 1.88% for the month.
December bounced after sliding below Friday's low and matching Thursday's low but stalled shy of Friday's high. March dipped 10 points to close at 62.58 cents.
Volume rose to an estimated 19,300 lots from 16,800 lots the previous session when spreads accounted for ...