BC-Cotton Bale

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By AP

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Updated: Tue, 19 Aug 2014 08:06:00 EST

NEW YORK (AP) — Cotton futures No. 2 closed $1.30 to $2.55 a bale lower Monday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 25 cents to 63.14 cents per pound Monday for the seven markets, according to the Market News Branch, Memphis USDA.

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