Thursday, July 10, 2014

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Cotton prices hit 21-month low

  • Thursday, July 10, 2014
  • Thùy Miên
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  • Cotton prices hit 21-month low




    Cotton futures prices fell below 70 cents per lb on Wednesday, the lowest level since November 2012. High cotton prices at the start of the planting season (they peaked at 94.75 cents per lb in May) and weak prices for other crops such as corn encouraged US farmers to increase the amount of land...

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