ICE cotton futures market declines

ICE cotton futures market rose and then declined. Contract of Dec closed at 72.25cent/lb, down 0.02cent/lb and contract of Mar closed at 74.36cent/lb, down 0.06cent/lb.

U.S. cotton futures' price fluctuations narrowed, essentially closing flat. Short-term news impacts have diminished, and the market is now awaiting the release of the monthly supply and demand report.

Cotlook A Index declined by 1.10cent/lb to 84.00cent/lb.