ICE cotton futures rose on Monday, driven by short covering, a weaker US dollar, and stronger crude oil prices.
The July 2025 contract saw its first triple-digit gain since May 2, indicating market consolidation.
International demand improved as the weaker dollar made cotton cheaper.
Trade optimism and OPEC+ decisions also influenced sentiment.
The July 2025 contract saw its first triple-digit gain since May 2, indicating market consolidation.
International demand improved as the weaker dollar made cotton cheaper.
Trade optimism and OPEC+ decisions also influenced sentiment.