Seeking Alpha

Last cotton update of the week: no limit moves today, but after hitting a record high early in...

Last cotton update of the week: no limit moves today, but after hitting a record high early in the session, March cotton settles up 1.3% at $1.90/lb. Clothing retailers (HBI JNY RL) have been marking up prices, but are still likely to see margins squeezed. BAL -1.2% on the day, +9.7% for the week.
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