Cotton Futures Soar 161.3% This Year

NEW YORK (TheStreet) -- Cotton futures have popped by their seven-cent limit for the third day in a row and soared over the year amid insatiable Chinese cotton demand coupled with worries about supply tightness. Cotton for May delivery popped by the exchange limit of 7 cents, or 3.7%, to $1.9823 a pound Tuesday. Cotton futures are up 161.3% year-to-date. China, which had long been a net

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