Cotton futures closed with contracts 15 to 59 points lower, as December still managed a 20 point gain this week. Crude oil was up $3.97 per barrel on the session, with the US dollar index $0.153 higher.
The large managed money speculators and cotton futures and options added just 767 contracts to their net long position as of October 20th. That took their net long position to 66,466 contracts as of Tuesday.
