ICE cotton futures dipped after nearing a one-week high, pressured by a stronger US dollar that reduced demand from overseas buyers.
However, rising crude oil prices limited losses by increasing polyester costs, making cotton more competitive.
December 2025 contracts fell 0.47 cent to 67.55 cents/lb.
Despite geopolitical tensions, no disruption in oil supply occurred.
However, rising crude oil prices limited losses by increasing polyester costs, making cotton more competitive.
December 2025 contracts fell 0.47 cent to 67.55 cents/lb.
Despite geopolitical tensions, no disruption in oil supply occurred.