By admin       2017-11-22

ICE cotton futures market declined after increased for four consecutive days as investors sold on profit-taking. Cotton futures once touched two-month high yesterday. March cotton contract closed at around 70.14 cents per pound, down by 1.00%; May Future 2018 contract closed at 70.88 cents per pound, down by 1.02%, which is the biggest decline since October 26. Cotlook A Index was hovering at 81.05 cents per pound up by 1.00.

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