Industry And Cluster | News & Insights

Cotton drops over 3% to a 2-month Low.

Published: May 14, 2019
Author: TEXTILE VALUE CHAIN

ICE cotton futures tumbled more than 3% on Monday, dropping to an over two-month low after US President said he would raise tariffs on Chinese goods, amid aggressive trade talks between the two economies. The cotton contract July settled down 2.13 cent, or 2.81%, at 73.55 cents/lb.

 

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