1448 EDT [Dow Jones] - Cotton futures settled lower Tuesday as profit-taking
halted its upward march for the first session in more than a week. Strong
demand from China has driven gains recently, pushing it to fresh 15-year highs.
But weaker prices overnight in the Chinese futures market convinced some to
cash out today. Analysts say the day's move is likely a momentary pause before
turning higher again, as mill demand remains high. ICE December futures settled
0.92 cent, or 0.8%, lower at $1.0958 a pound.