ICE cotton recorded its lowest trading volume in two years on Thursday due to shortened post-Christmas trading hours.
The March 2025 contract closed at 68.75 cents per pound, down 0.03 cents, with prices in a tight range.
Brazil’s cotton acreage is forecast to rise 6.5 per cent year-on-year to 2.12 million hectares.
NYMEX crude oil prices fell, impacting polyester prices.