ICE cotton futures market fluctuates lowly

ICE cotton futures market fluctuated lowly. Contract of Dec closed at 66.22cent/lb, down 0.07cent/lb and contract of Mar closed at 68.18cent/lb, down 0.10cent/lb. U.S. cotton harvesting progress was basically flat compared to recent years, while its good-to-excellent ratio reduced due to drought issues.

Cotlook A Index decreased by 0.55cent/lb to 77.85cent/lb.