However, the ICE cotton price for the December **** contract remained positive. It gained *.* cent to **.** cents per pound. Similarly, the March **** and December **** contracts were noted at **.** cents and **.** cents per pound, respectively, on Wednesday morning during the London session.
A commodity analyst based in New Delhi told Fibre2Fashion, "There were concerns about the future demand for cotton globally. Economic uncertainty contributed to slow demand from various buyer segments. The macro scenario was also not supportive of ICE cotton."
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