ICE cotton futures market rises further

ICE cotton futures market rose further. Contract of Mar closed at 96.58cent/lb, up 1.65cent/lb and contract of May closed at 94.80cent/lb, up 1.31cent/lb. ICE cotton kept range-bound at high level, and in terms of technical analysis, the market was very strong. Pay attention to the U.S. cotton export shipments in the future.

Cotlook A Index reduced by 0.8cent/lb to 100.7cent/lb.