ICE cotton prices remained mostly steady, influenced by a stronger dollar and lower crude oil prices.
Investors await the USDA’s weekly export sales and monthly supply-demand reports, expecting a slight drop in production estimates.
December contract settled at 72.25 cents per pound, while cotton demand remains weak.
Open interest rose for 4th consecutive session, reaching its highest since April.
Investors await the USDA’s weekly export sales and monthly supply-demand reports, expecting a slight drop in production estimates.
December contract settled at 72.25 cents per pound, while cotton demand remains weak.
Open interest rose for 4th consecutive session, reaching its highest since April.