COTTON Highlights from 01-15, Jun 2013
International cotton market followed an upward trend due to robust demand from the downstream market and strong support due to export during the first half. In China, cotton market moved up initially driven by the large rebound of ICE cotton future, and then fluctuated in a narrow range during that period. International cotton market continued to follow an upward trend due to robust demand from the downstream market and favorable market fundamentals followed during the second half.
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