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Cotton Comment: China Cotton Main Contract Limit
Monday (12.13) China currency Inflation rate rose but did not raise interest rates, easing market concerns. Investors expect Bush's tax cuts to be passed in the Senate.
New York ICE Intercontinental Exchange cotton futures continued to rise on Friday, the main contract closed, the contract opened 137.30 cents in March 2011, the highest point in the market, 140.97 cents, the lowest point 136.97 cents, eventually closed at 140.97 cents / pound, up 4 cents, 16685 turnover, 110635 empty volume; May contract closed at 133.23 cents, 4 cents; July contract at 124.84 cents, up 4 cents.
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Before November, China'S Textile And Apparel Exports Totaled 167 Billion 610 Million US Dollars.
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2010/12/13 14:18:00
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