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Cotton| United States Cotton futures tumbled, after China announced plans to cut the selling price.

March 27, 2014 9:51 AM |

United States Cotton futures tumbled, after China announced plans to cut the selling price for reserve bales, renewing worries over import demand in the world's top consumer and prompting waves of long liquidation.Beijing plans to cut the sales price for cotton in its strategic reserves, bringing it more in line with world prices.






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