The ICE cotton jumped on November 21st, and the purchase price was again stimulated by the fall in prices.

Intercontinental Exchange (ICE) futures rebounded from lows on Friday, helped by short covering and low buying, but this week it still fell 5%.
The most active ICE March cotton rose 0.66 cent, or 1.1%, to 59.52 cents per pound.
ICE-12 monthly cotton rose 1.22 cents, or 2.1%, to settle at 59.76 cents per pound, after short-covering after the contract entered the delivery period.
According to the data provided by ICE, there are no delivery notifications so far. Traders expect that the delivery scale will be small, even without delivery.
Despite today's gains, the March contract closed down nearly 5% this week, with prices hovering slightly above the five-year low of 58.57 cents hit last week.

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