ICE cotton futures market continues to decline

ICE cotton futures market continued to decline, dragged down by the lower soybean and corn prices. Contract of Dec closed at 68.10cent/lb, down 0.58cent/lb and contract of Mar closed at 69.46cent/lb, down 0.52cent/lb.

Cotlook A Index reduced by 0.05cent/lb to 79.45cent/lb.