ICE cotton futures closed higher on persistent dry weather concerns in key US growing regions, especially Texas, which supported speculative buying.
Strong crude oil prices and expectations of improved Chinese demand also boosted sentiment.
July 2026 cotton settled at 86.81 cents per pound, the strongest close since April 2024, while traders maintained cautious bullish positions.
Strong crude oil prices and expectations of improved Chinese demand also boosted sentiment.
July 2026 cotton settled at 86.81 cents per pound, the strongest close since April 2024, while traders maintained cautious bullish positions.