Cotton Industry to Meet Feb. 25 on New Global Contract, ICA Says
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A cotton industry focus group will meet Feb. 25 to discuss proposals for a new world contract, according to the International Cotton Association.
The group, made up of producers, mills, traders, brokers and controllers, unanimously agreed in a Jan. 28 meeting that “the trade needed a world cotton contract,” the Liverpool, England-based ICA said in a statement dated Feb. 14. Discussions will continue at the group’s meeting next week.