By admin       2018-03-16

ICE cotton futures market kept range-bound. By the week ending Mar 8, net sales of 2017/18 upland cotton reached 72.9kt, down 16% from the previous week and 11% from the prior 4-week average. Cotton contracts for May closed at 83.55 cents per lb, up 0.24cent/lb and Jul contract closed at 83.61 cents per lb, up 0.47cent/lb. Cotlook A Index rose by 0.5cents to 92.85cent/lb.

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