Colosseum a.s. (Colosseum a.s.)
Commodities  |  June 15, 2012 14:16:33

The huge demand for American cotton price pushes it up



ColosseumThe July cotton contract on the Intercontinental Exchange today more expensive by 2.5% to 80.04 U.S. cents per pound. The reason for the appreciation in recent days as information on high demand of cotton in the USA. In the week ending June 7 from commodity exports rose to 1.02 million land Baal, while the previous week was exported 199 000 Baal. Bought especially China, which is the largest consumer of cotton in the world.

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