ICE cotton recovered on Monday after last week’s multi-year lows, supported by a weaker US dollar and positive economic outlook.
Demand is yet to show sustaining signs.
The December contract closed at 68.68 cents per pound, up 2.14 per cent.
Despite increased demand due to a weaker dollar, lower crude oil prices may limit further gains in cotton futures.
Demand is yet to show sustaining signs.
The December contract closed at 68.68 cents per pound, up 2.14 per cent.
Despite increased demand due to a weaker dollar, lower crude oil prices may limit further gains in cotton futures.