NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Nov 20, 2009 02:28 PM CST

Cotton futures posted new high closes for the move Friday, settling near the session's top prints with gains of 32 to 159 points even as the dollar firmed for the second day in a row.

December, which enters its delivery notice period on Monday, led the advance, closing up 159 points at 70.41 cents after trading within a 197-point range from 68.95 to 70.92 cents. This was the contract's highest close since Oct. 2, 2008 and the highest finish on spot continuation charts since July 2008.

Most-liquid March closed up 107 points at 74.04 cents, trading from unchanged at 72.97 ...

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