ICE cotton futures slid to a more than one-month low as weaker crude oil prices and sluggish demand weighed on sentiment.
The March contract fell to its lowest level since December 8, 2025, amid a bearish technical trend and limited buying interest.
Analysts warned prices could drift towards 60 cents per pound, while softer crude boosted polyester’s competitiveness against cotton.
The March contract fell to its lowest level since December 8, 2025, amid a bearish technical trend and limited buying interest.
Analysts warned prices could drift towards 60 cents per pound, while softer crude boosted polyester’s competitiveness against cotton.