ICE cotton futures market rebounds

ICE cotton futures market rebounded. Contract of May closed at 65.99cent/lb, up 2.63cent/lb and contract of Jul closed at 66.89cent/lb, up 2.33cent/lb. The China and U.S. trade war escalated and international oil and stock market moved down. U.S. agricultural products saw ups and downs, and ICE cotton declined first, but rebounded later.

Cotlook A Index reduced by 1.45cent/lb to 75.25cent/lb.