ICE cotton futures market declines

ICE cotton futures market declined. Contract of Mar closed at 71.10cent/lb, down 0.15cent/lb and contract of May closed at 72.38cent/lb, down 0.12cent/lb. The lower U.S. cotton export sales restrained the rebound of ICE cotton, but on concern about the weakening US dollar and stronger grain market, the decrement of ICE cotton was limited.

Cotlook A Index remained unchanged at 81.60cent/lb.