By admin       2018-05-18

ICE cotton futures market edged up. Cotton contracts for Jul closed at 84.93 cents per lb, up 0.57 cents per lb and Dec contract closed at 81.36 cents per lb, up 0.66 cents per lb. By the week ending May 10, sales of 2017/18 U.S. upland cotton were 34.8kt, down 21% from previous week and 38% from prior 4-week average. Cotlook A Index rose by 0.45cent/lb to 92.50cent/lb.

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