By admin       2018-05-15

ICE cotton futures market declined. Cotton contracts for Jul closed at 83.89 cents per lb, down 0.57 cents per lb and Dec contract closed at 79.99 cents per lb, down 0.11 cents per lb. By the week ending May 13, 36% of cotton crops has been planted in U.S., up 16% from previous week and 5% from a year ago. Cotlook A Index remained unchanged at 93.10cent/lb.

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