ICE cotton futures market changes little

ICE cotton futures market changed little. Contract of May closed flat at 66cent/lb and contract of Jul closed at 67.19cent/lb, down 0.02cent/lb. In USDA's Mar supply and demand report, global cotton production is forecast higher while ending stocks are forecast lower. With no obvious stimulus, cotton futures market changed little.

Cotlook A Index rose by 0.25cent/lb to 77.95cent/lb.