By admin       2017-10-13

ICE cotton futures market kept down after bearish USDA data. Dec contract closed at 67.86cent/lb, down 0.81cent/lb and Mar'18 contract closed at 67.38cent/lb, down 0.88cent/lb. The Oct USDA's supply and demand report showed that 2017/18 U.S. production was not reduced by recent hurricanes as much as the market had expected. Cotlook A Index declined by 0.10cent/lb to 78.70cent/lb. .

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