ICE cotton futures closed mixed on the 19th close to flat, cotton futures recovered as a result of the U.S. dollar’s rise to the external market is weak due to drag most of the decline. Intercontinental Exchange (ICE) cotton futures closed mixed on the 19th, cotton futures recovered as a result of the U.S. dollar’s rise to the external market is weak due to drag most of the decline.

ICE3 month on the 19th Cotton closed down 5 points, to close at 45.23 cents / lb. ICE5 cotton futures closed up on 1 o’clock, to close at 45.88 cents / lb. This week, ICE3 month period a total of cotton rose 180 points.

March cotton futures rose in early trading at 45.50 cents / lb of resistance before the opening Di Zou. Since then, the futures contracts and drop down to 44.21 cents / lb during the day’s lows as U.S. dollar dragged down a number of commodity futures markets, including CBOT corn futures market. However, when trading in cotton futures prices rose to basically the same, making the base in March cotton futures prices in 40 U.S. cents to 50. Analysts said demand in the spot market before the show, or through long-term economic prospects appear before the demand for which is expected to price shocks in the trading range.

One analyst said the market is likely to Christmas and New Year’s Day before entering the low volume of trading before the holiday mode. Cotton futures prices of basic support from the Chinese government’s purchase price and India’s support for the project, according to the data exchange, ICE cotton on the 18th to reduce the inventory of 13,196 to 838,985 package package. ICE Cotton period of 18 open positions to reduce the 337 to 127,963 hand in hand. Trading volume for 4546 is expected to hand, according to the exchange of data, about 1396 hand in hand call and put option transactions 2348.