Cotton futures rose to a 2-1/2-week high on Tuesday on investor buying and support from stock and energy markets. "The rally in the stock market and a strong energy market are helping," said Jobe Moss, a broker with MCM Inc in Lubbock, Texas. The cotton contract for July delivery on ICE Futures US settled up 1.56 cent, or 2.54 percent, at 63.01 cents per lb after trading within a range of 61.15 and 63.2 cents a lb. The dollar index was up 0.35 percent. The Thomson Reuters CoreCommodity CRB Index
Cotton futures rose on Friday as commodities markets were broadly higher and the cash market remained subdued. "The market moved rather quietly within yesterday's range on lighter volume," said INTL FC Stone Senior Risk Management Consultant Andy Ryan. "Outside markets were also on the quiet side." Cotton contracts for July settled up 0.6 cent, nearly 1 percent, at 61.67 cents per lb. It traded within a range of 61.07 and 62.07 cents a lb. Total futures market volume fell by 10,342 to 16,611 lot