ICE May cotton contract fluctuates down

ICE May cotton contract fluctuated down. Contract of May closed at 93.48cent/lb, down 1.42cent/lb and contract of Jul closed at 93.26cent/lb, down 1.08cent/lb. ICE cotton declined dragged down by the rise of US dolloar index, despite of good export sales report.

Cotlook A Index reduced by 0.4cent/lb to 99.8cent/lb.