ICE Cotton Futures Market Keeps Down
ICE cotton futures market kept down.
Cotton contracts for May closed at 82.93 cents per lb, down 0.42 cents per lb and Jul contract closed at 81.91 cents per lb, down 2.44 cents per lb. The large decline was mainly afected by the rainfall in the major producing area of Texas.
Cotlook A Index decreased by 0.60cent/lb to 93.20cent/lb.
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