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Cotton

The upward movement in cotton prices slowed down a bit as worries over potential supply deficit in USA during the upcoming season is likely to be erased. According to Cotlook, the 400,000 ton deficit assumed in the USA will be offset by output increases in India and Pakistan. Cotton futures was down from US cents 82.61 per pound to US cents 82.53 per pound at the end of this week. The Cotlook















Wool

The Australian wool market eased Aus cent 4 while in US currency terms the EMI gained this week. The EMI at Aus$9.15 a kg, ended the week at US$8.26 a kg, up US cents 9 from previous week. The North Australia index closed at US$8.52 a kg, while West Australia was at US$8.34 per kg. The South Australia Index closed at US$8.03 a kg.



 
 
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