ICE cotton futures closed modestly higher, supported by a weaker US dollar, a rebound in US equities and fresh speculative buying.
The March 2026 contract settled at 63.94 cents per pound.
CFTC data showed reduced net short positions, signalling easing bearish sentiment, as export sales and shipments remained steady amid mixed broader commodity cues.
The March 2026 contract settled at 63.94 cents per pound.
CFTC data showed reduced net short positions, signalling easing bearish sentiment, as export sales and shipments remained steady amid mixed broader commodity cues.