ICE Cotton Rises After USDA's Jun Report
ICE cotton futures market rose after USDA'S June report. Cotton contract of July closed at 95.23cent/lb, up 0.42cent/lb and contract of Dec closed at 92.98cent/lb, up 1.15cent/lb. In the report, USDA forecasts a higher export and lower ending stocks.
Cotlook A Index declined by 0.70cent/lb to 100.65cent/lb.
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