ICE cotton futures rose on strong US export sales and dry weather forecasts in key producing areas.
The July 2025 contract hit 67.13 cents per pound, the highest since 10 April. Crude oil gains also supported cotton prices by raising polyester costs.
Market sentiment was further boosted by easing trade tensions and limited rainfall forecasts impacting both cotton and wheat markets.
The July 2025 contract hit 67.13 cents per pound, the highest since 10 April. Crude oil gains also supported cotton prices by raising polyester costs.
Market sentiment was further boosted by easing trade tensions and limited rainfall forecasts impacting both cotton and wheat markets.