ICE cotton futures rose slightly as a weaker US dollar, higher CBOT grains, and crude oil prices supported trade.
The March 2025 contract settled at 67.77 cents/lb, up 0.27 cents, while inventory dropped sharply to 218 bales.
Crude oil surged on lower US inventories and Russia sanctions.
Traders await Friday’s USDA report for supply-demand insights, with the market still fragile.