Thursday (12.17) New York ICE Intercontinental Exchange cotton futures Encouraged by multiple positive gains, the March 2011 contract was opened at 143.73 cents, and it was 146.14 cents at a time. The lowest point in the session was 142.58 cents. It ended up at 146.12 cents, up 3.98 cents from the highest point, 11270 hands in volume, 112419 hands in May, 136.57 cents in May, 2.50 cents in July, and 136.57 cents in July.

Today, most of the US economic data are good, and the FedEx, which is regarded as the global economic vane, has announced that the annual performance expectations are expected to rise, making market sentiment optimistic. In addition, China's cotton is strong, and the number of cotton exports in India will only reach half of the plan this year. Until the end of next year, we can make decisions on whether to continue exporting cotton according to the situation at that time. All these information will provide good support for New York cotton.