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New York cotton futures edged higher on Tuesday as renewed concerns about dry weather in Texas, the top-producing US state, offset speculator selling on expectations of excess supplies. The benchmark December cotton contract on ICE Futures US closed up 0.32 cent, or 0.5 percent, at 64.16 cents a lb, ending the day higher for the first time in four sessions.

The fluctuations observed during the day:

Cotton futures fell on Monday as bearish expectations for a large crop in the United States, the world's top exporter, offset mill buying. The benchmark December cotton contract on ICE Futures US closed down 0.51 cent, or 0.8 percent, at 63.84 cents a lb. The US government last week projected domestic production will reach a four-year high as demand in top consumer China is expected to fall dramatically due to a policy overhaul during the 2014/15 crop year that began on August 1.
The fluctuations observed during the day:

Cotton futures eased on Thursday, under pressure from a lacklustre weekly US government export sales report. The most-active December cotton contract on ICE Futures US closed down 0.05 cent, or 0.08 percent, at 64.67 cents a lb after paring the day's steeper losses on chart-driven buying.
The fluctuations observed during the day:

Cotton futures eased on Thursday, under pressure from a lacklustre weekly US government export sales report. The most-active December cotton contract on ICE Futures US closed down 0.05 cent, or 0.08 percent, at 64.67 cents a lb after paring the day's steeper losses on chart-driven buying.

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
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