ICE cotton futures market falls further

ICE cotton futures market fell further. Contract of Dec closed at 67.50cent/lb, down 0.17cent/lb and contract of Mar closed at 68.84cent/lb, down 0.21cent/lb. The large fall of U.S. soybean and wheat prices dragged down the cotton futures market.

Cotlook A Index reduced by 0.6cent/lb to 78.2cent/lb.