ICE cotton futures rose on Wednesday as speculative buying in the grains market slightly lifted prices in light volume trade ahead of Thursday's British referendum on its EU membership. "People are being a little bit cautious and nervous and rightfully so before the British vote," said Jim Lambert, director of sales at FCStone Merchant Services, LLC. The December cotton contract on ICE Futures US settled up 0.14 cent, or 0.22 percent, at 64.53 cents per lb. It traded within a range of 64.11 and 65.21 cents a lb.
The dollar index was down 0.28 percent. The Thomson Reuters CoreCommodity CRB Index, which tracks 19 commodities, was down 0.66 percent. July soybeans SN6 settled up 4-1/4 cents at $11.37-1/2 a bushel and July wheat WN6 rose 1/4 cent at $4.58-3/4 a bushel.
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