ICE cotton futures market rebounds

ICE cotton futures market rebounded. Contract of Dec closed at 68.12cent/lb, up 0.7cent/lb and contract of Mar closed at 69.4cent/lb, up 0.65cent/lb. The good-to-excellent ratio of U.S. cotton crops recovered further, and the crop growth was normal overall.

Cotlook A Index reduced by 0.4cent/lb to 78.05cent/lb.