By admin       2018-07-27

ICE cotton futures market rose. Contract of Dec closed at 88.15cent/lb, up 0.22cent/lb and contract of Mar closed at 88cent/lb, up 0.23cent/lb. By the week ending Jul 19, sales of 2017/18 U.S. upland cotton reached 0.5kt, down 82% from previous week, and sales of 2018/19 upland cotton were 45kt and export shipments were 66.5kt, up 29% from previous week. Cotlook A Index rose by 1.25cent/lb to 97.95cent/lb.

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