By admin       2018-04-09

ICE cotton futures market remained frim Friday. The market once dived affected by the trade war between U.S. and China, but later, the market moved up quickly. The exports remained good, supportive to the cotton futures market. In short run, the major contract may keep firm, or is likely to extend upswing. Cotton contracts for May closed at 82.55 cents per lb, up 0.05 cents per lb and Jul contract closed at 82.37 cents per lb, down 0.03 cents per lb. Cotlook A Index rose by 3cent/lb to 92.05cent/lb.

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