By Keith Brown,
DTN Contributing Cotton Analyst
The cotton market ignored the notions of seasonals, deliveries and holidays to close markedly higher Friday. Traders thought there was an element of Chinese buying in the mix. Thus, the ICE futures posted their fifth consecutive week of higher closings. Supposedly cotton prices in China are higher and that is causing textile mills there as well as the U.S. managed-money funds to increase their buying. However, some traders feel there still will be some sort of seasonal correction next week.