ICE cotton futures market fluctuates widely

ICE cotton futures market fluctuated widely. Contract of May closed at 65.55cent/lb, down 0.44cent/lb and contract of Jul closed at 66.33cent/lb, down 0.56cent/lb. U.S. will add additonal 50% tariff on the goods importing from China, and U.S. stocks and crude oil prices continued to slump.

Cotlook A Index increased by 2.7cent/lb to 77.95cent/lb.