BC-Cotton Bale: June 12, 2012

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NEW YORK (AP) – Cotton futures No. 2 closed $3.10 a bale higher to $4.70 lower Tuesday.

The average price for strict low middling 1 & 1-16 inch spot cotton advanced 49 points to 69.34 cents per pound Tuesday for the seven markets, according to the Market News Branch, Memphis USDA.

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