ICE cotton futures rose on strong US exports and a weaker dollar, with March 2025 settling at 67.61 cents/lb, its highest since January 10.
Weekly exports hit 348,900 bales, up 10 per cent. Volume on January 24 was 42,170 contracts.
Despite strong exports, traders remain cautious amid record-high on-call purchases.
Mixed sentiment persists on price direction.
Weekly exports hit 348,900 bales, up 10 per cent. Volume on January 24 was 42,170 contracts.
Despite strong exports, traders remain cautious amid record-high on-call purchases.
Mixed sentiment persists on price direction.