Cotton Futures Rebound in New York, After Dropping From Record

Jan. 25 (Bloomberg) -- Cotton for March delivery rose 2.83 cents, or 1.7 percent, to $1.6477 a pound at 8:35 a.m. on ICE Futures U.S. in New York, after touching a record $1.6484. Earlier, the contract slipped as much as 2.4 percent. Before today, the price more than doubled in the past year.

(Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahk.0uJzlsWY)