Pakistan Local Cotton Prices and Market Commentary 14th July 2017

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ICE cotton futures hit their lowest in over two weeks on Thursday after federal data showed that 2016/2017 US exports dropped sharply to a marketing-year low. The December cotton contract on ICE Futures settled down 0.9 cent, or 1.34 percent, at 66.37 cents per lb, its lowest since June 26. It traded within a range of 66.3 and 67.59 cents a lb.

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