ICE cotton futures market extends upswing – ChinaTexnet.com
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ICE cotton futures market extends upswing

2018-07-31 09:16:13 CCFGroup

ICE cotton futures market extended upswing. Contract of Dec closed at 89.16cent/lb, up 0.85cent/lb and contract of Mar closed at 88.92cent/lb, up 0.81cent/lb. By the week ending Jul 29, good-to-excellent ratio of U.S. cotton crops reached 43%, up 4% from previous week and down 13% from a year ago.

Cotlook A Index remained unchanged at 98cent/lb.

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