ICE cotton futures market edges up

ICE cotton futures market edged up. Contract of Mar closed at 63.94cent/lb, up 0.11cent/lb and contract of May closed at 65.06cent/lb, up 0.15cent/lb. According to USDA, U.S. cotton export sales continued to weaken in mid-Nov, while the export shipments to China recovered.

Cotlook A Index reduced by 0.1cent/lb to 73.85cent/lb.