ICE cotton futures market closes mixed – ChinaTexnet.com
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ICE cotton futures market closes mixed

2018-10-26 08:54:50 CCFGroup

ICE cotton futures market closed mixed. Contract of Dec closed at 77.6cent/lb, up 0.45cent/lb and contract of Mar closed at 78.86cent/lb, down 0.08cent/lb. By the week ending Oct 18, sales of U.S. upland cotton were 9.2kt, up 24% week on week, down 27% from prior 4-week average. Sales of 2019/20 upland cotton were 1kt, and export shipments were 31.6kt, up 3% from prior week.

Cotlook A Index moved lower by 2cent/lb to 86.25cent/lb.

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