ICE cotton prices rose for the second consecutive day, supported by increased US exports and oversold conditions, but gains were limited by a strong US dollar.
The March 2025 contract closed at 70.43 cents per pound, peaking intraday at 70.89 cents.
Weekly US export sales hit a marketing-year high, with China as a major buyer.
Cotton remains near oversold levels.
The March 2025 contract closed at 70.43 cents per pound, peaking intraday at 70.89 cents.
Weekly US export sales hit a marketing-year high, with China as a major buyer.
Cotton remains near oversold levels.