U.S. cotton futures settled higher Tuesday, with most-active March recapturing much of the previous day's loss on inside-range price action.
March settled up 90 points to 63.54 cents, near the high of its 89-point range from up nine points at 62.73 to up 98 points at 63.62 cents. Weakness in the U.S. dollar index may have contributed to support along with a larger reduction foreseen in world stocks.
Maturing December also gained 90 points, settling at 62.20 cents, while May closed up 78 points to 64.21 cents.
Volume declined to an estimated 23,300 lots from 25,010 lots the previous session ...