Cotton Prices Further Sliding Amid Textile Crisis (Weekly Report)

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3 November 2008 - Cotton prices further fell in the past week in New York, as the dollar's rebound triggered a new decline on commodity markets. US futures are now nearing four-year lows. There is still room for a further fall in physical prices if considering our 10-year graph. Prices plummeted in the last week in China while rebounding in Pakistan and staying unchanged in India.

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