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Cotton futures are trading rangebound and a little higher Thursday morning after Wednesday's decline. December Cotton is trading at 65.15, up 0.28.
Trading is rangebound. Chatter about U.S. weather and global economic growth is making the rounds. China's June Cotton imports were 161,800, down over 265 from a year ago. The January to June imports were down about 33% from a year ago.
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