June 19 (Reuters) - ICE cotton futures fell for the seventh
straight session on Monday after hitting near six-month lows in
the previous session as investors continued liquidating on
rising expectations of new harvest.

"We have not had any significant problems in getting the
crop growing," said Jobe Moss, a broker with MCM Inc in Lubbock,
Texas. "The crop is in pretty good shape. ThereΆs a lot of
cotton coming up."

The most-active December cotton contract on ICE futures U.S.
settled down 0.32 cent, or 0.46 percent, at 69.04 cents
per lb. It traded within a range of 68.67 and 70.2 cents a lb.
Prices fell to their lowest since Dec. 20 at 68.58 cents per
lb on Friday.

"Prices at about six-, seven-month lows are not for buying
... speculators are still liquidating," Moss said.
The speculators cut a bullish stance in cotton 11,269
contracts to 70,485 contracts, the Commodity Futures Trading
Commission data showed on Friday. The fourth straight weekly cut
brought their net long position to the smallest in eight months.

"Bullish signals are just not in the picture for now," O.A.
Cleveland, consulting economist at Cotton Experts, wrote in a
note. "The market is under the influence of Mother Nature and
she continues to smile on the prospects for increased supply."
Further pressuring the commodity complex was a strong
dollar. The Thomson Reuters CoreCommodity CRB Index ,
which tracks 19 commodities, was down 1.02 percent. The dollar
index was up 0.40 percent.

Total futures market volume fell by 20,714 to 25,769 lots.
Data showed total open interest fell 17,188 to 215,054 contracts
in the previous session.

Certificated cotton stocks deliverable as of
16 June totaled 478,113 480-lb bales, up from 476,100 in the
previous session.

(Reporting by Swati Verma in Bengaluru; Editing by Bill Trott)