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Live News | Time: May 24 2019 8:29AM
ICE cotton futures market rebounds
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ICE cotton futures market rebounded amid favorable US cotton export sales. Contract of Jul closed at 67.40cent/lb, up 0.74cent/lb and contract of Dec closed at 66.80cent/lb, up 0.71cent/lb. By the week ending May 16, export sales of 2018/19 US upland cotton rose by 68% from previous week.

Cotlook A Index declined by 0.55cent/lb to 77.75cent/lb.

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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