ICE cotton futures market edges lower – ChinaTexnet.com
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ICE cotton futures market edges lower

2018-06-12 08:47:21 CCFGroup

ICE cotton futures market edged lower. Cotton contract of July closed at 94.81cent/lb, down 0.02cent/lb and contract of Dec closed at 91.83cent/lb, down 0.70cent/lb. By the week ending June 10, 90% of U.S. cotton crops has been planted, up 14% from previous week, flat from a year ago and up 2% from five-year average. 42% of crops was good-to-excellent.

Cotlook A Index remained unchanged at 101.35cent/lb.

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