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Cotton Demand to Hit All-Time High, Prices Stabilize Amid China Tariffs

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China’s tariffs on U.S. cotton helped push international prices down from a mid-June season-high of $1.02 per pound to 92 cents per pound in early July, stabilizing at around 88 cents a pound on strong demand in Asia and Southeast Asia, according to a new report from the International Cotton Advisory Committee (ICAC). Spot prices…

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