By admin       2018-05-24

ICE cotton futures market presented mixed. Dec contract went firmer than Jul contract. Turnover declined by 5,355 lots and open interests increased by 1,801 to 284,663 lots. In short run, the upward trend continues. Cotton contracts for Jul closed at 86.90 cents per lb, down 0.39 cents per lb and Dec contract closed at 83.97 cents per lb, up 0.15 cents per lb. Cotlook A Index declined by 1.00cent/lb to 94.90cent/lb.

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