ICE cotton futures market slips – ChinaTexnet.com
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ICE cotton futures market slips

2018-09-14 11:08:25 CCFGroup

ICE cotton futures market slipped. Contract of Dec closed at 81.47cent/lb, down 1.04cent/lb and contract of Mar closed at 81.88cent/lb, down 1.05cent/lb. By the week ending Sep 6, export sales of 2018/19 U.S. upland cotton reached 18.5kt, down 11% from previous week, and down 36% from prior 4-week average. Export sales of 2019/20 upland cotton were 4kt.

Cotlook A Index declined by 0.25cent/lb to 92.15cent/lb.

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