ICE cotton futures market range-bound – ChinaTexnet.com
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ICE cotton futures market range-bound

2018-10-10 10:06:22 CCFGroup

ICE cotton futures market was range-bound. Contract of Dec closed at 77.06cent/lb, down 0.47cent/lb and contract of Mar closed at 78.12cent/lb, down 0.28cent/lb. By the week ending Oct 7, about 25% of cotton crops are harvested in U.S., up 6% from previous week and 1% from a year ago. 42% of cotton crops is good to excellent condition.

Cotlook A Index rose by 1.45cent/lb to 86.85cent/lb.

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