ICE cotton futures eased on Friday after hitting a four-month high, pressured by a stronger US dollar and improved crop prospects due to rainfall in Texas.
The July 2025 contract settled at 68.80 cents per pound, down 0.37 cent, though it posted a weekly gain of 167 points.
Overall, major active contracts ended the week higher, despite Friday’s weaker close and subdued global demand.
The July 2025 contract settled at 68.80 cents per pound, down 0.37 cent, though it posted a weekly gain of 167 points.
Overall, major active contracts ended the week higher, despite Friday’s weaker close and subdued global demand.