Related Keywords: cotton demand from china, Cotton futures, cotton prices
The US cotton future fell to a new nine-and-a-half-month low on 14 November, thus giving back the previous day's gains as demand remained poor amidst rising inventory. The concerns about oversupplies still hang in balance. The most-active March cotton contract on the ICE Futures US declined to an intraday low of US cents 77.37 per pound, its weakest since mid-January. Prices settled down 1.4% to US cents 77.46 per pound.
