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

2019-05-24 08:33:08 CCFGroup

ICE cotton futures market rebounded amid favorable US cotton export sales. Contract of Jul closed at 67.40cent/lb, up 0.74cent/lb and contract of Dec closed at 66.80cent/lb, up 0.71cent/lb. By the week ending May 16, export sales of 2018/19 US upland cotton rose by 68% from previous week.

Cotlook A Index declined by 0.55cent/lb to 77.75cent/lb.

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