ICE cotton prices edged higher as the dollar index weakened, making US cotton more affordable internationally.
The March 2025 contract settled at 71.75 cents per pound, its highest since mid-November, and rose nearly 4 cents this week.
Traders await the delayed US export sales report, while crude oil prices fell on rising inventories.
ICE’s No. 2 cotton stocks remained unchanged.
The March 2025 contract settled at 71.75 cents per pound, its highest since mid-November, and rose nearly 4 cents this week.
Traders await the delayed US export sales report, while crude oil prices fell on rising inventories.
ICE’s No. 2 cotton stocks remained unchanged.