Cotton Prices Decline on Tuesday

Reported 2 days ago

On Tuesday, cotton futures experienced a decline, closing down between 68 to 71 points. The US dollar index saw an increase, while crude oil prices also rose. Recent data indicated that 633 bales were sold at an average price of 60.70 cents per pound. Despite the drop in cotton futures, the Cotlook A Index increased by 20 points to 76.65 cents.

Source: YAHOO

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