Cotton Update

Friday, February 11, 5:50 PM Last cotton update of the week: no limit moves today, but after hitting a record high early in the session, Marchcotton 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.