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Price Surge Viewed with Cautious Optimism

At press time, cotton prices were approaching a two-year high, evoking guarded optimism among analysts and merchants. The surge came after China reported its 2009 crop fell nearly 15% below 2008 levels.

At press time, cotton prices were approaching a two-year high, evoking guarded optimism among analysts and merchants. The surge came after China reported its 2009 crop fell nearly 15% below 2008 levels.

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