ICE: Worry About The Short Term Closing Of &Nbsp; Closing Market Is Close To Falling.

Friday (6.17) New York ICE Intercontinental Exchange cotton picking up nearly fell, the July contract opened at 145.96 cents, the intraday concussion interval was 148.32 cents -144.10 cents, finally closed at 145.18 cents, or 0.78 cents, 5982 hands in volume, 25956 hands in empty volume; October contract finally closed at 129.61 cents, up 2.15 cents; December contract concussion interval 124.62 cents -117.87 cents, finally closed at 123.77 cents, up to 129.61 cents, volume of hand, empty volume. Preliminary data show that the total volume of cotton on Thursday is about 11100 hands, with a mean value of about 40% higher than 30 days.

Market analysts pointed out that on Friday, the market broke away from worries caused by the Greek default in the first two trading days, and investors returned to the market and established long positions. Earlier, the French and German leaders negotiated a plan to rescue Greece from its debt default, which affected both the stock market and the euro, but investors remained cautious before the agreement was reached.

Weather forecasters say Dezhou will experience more dry and hot weather before next Thursday, with temperatures reaching 42 degrees on Saturday. In addition, investors will also be concerned about crop losses in Georgia, the second largest cotton producer, and floods in the southern states of the Mississippi River.