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Posted on 25 August 2012. Tags: Beijing, cotton, market, over, plan, sale, slumps, spooks

NY cotton slumps over 2 pct as Beijing sale plan spooks market Cotton gains almost 3 percent on the week * Specs may take profits next week – analyst * Steady open interest suggests short covering NEW YORK, Aug 24 (Reuters) – Cotton prices slumped more than 2 percent on Friday as the market braced for the possible …

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