April 26 (Reuters) - Cotton futures settled slightly lower
on Tuesday, dragged down by profit-taking on the heels of last
week's more than 6 percent gain.
"You're going to run into a lot of resistance at this level
... This (the recent gain) was just a technical aberration,"
said Jobe Moss, a broker with MCM Inc in Lubbock, Texas.
For the week ended April 22, the July contract registered
the biggest weekly gain since mid-August.

* The July cotton contract on ICE Futures U.S.
settled down 0.21 cent, or 0.33 percent, at 63.83 cents per lb,
trading within a range of 63.5 and 64.75 cents, the highest
level since Dec. 30.
* Total futures market volume was 23,916 lots, a drop of
2,914. Data showed total open interest was 191,412 contracts, a
gain of 1,680 from the previous session.
* The dollar index was down 0.23 percent. The Thomson
Reuters CoreCommodity CRB Index, which tracks 19
commodities, was up 1.46 percent.

(Reporting by Vijaykumar Vedala in Bengaluru; Editing by Paul
Simao)