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ICE cotton futures closes at 2-week high

ICE cotton futures climbed to a two-week high on Wednesday helped by short covering ahead of the monthly crop supply and demand report from the U.S. government.Cotton contracts for December closed up 64 cent, at 68.8 cents per lb and May contract closed at 69.01 cents per lb, up by 51 cents. 

Cotlook A Index was hovering at 79.1 cents per pound down by 0.6. 

($1=CNY 6.65) 

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