Cotton prices take tumble

by

Published: January 20,2010

Tags: agriculture, futures

NEW YORK — Cotton futures No. 2 closed $1.75 to $2.30 a bale lower Tuesday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 32 points to 65.67 cents a pound Tuesday for the seven markets, according to the Market News Branch, Memphis USDA.

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