ICE cotton futures declined for a second straight session, despite touching a one-week high as a weaker US dollar and firm crude oil prices offered support.
The March contract settled slightly lower amid cautious trade ahead of the USDA weekly export sales report.
Elevated trading volumes, strength in Chicago grains, and improved export demand kept the short-term outlook cautiously bullish.
The March contract settled slightly lower amid cautious trade ahead of the USDA weekly export sales report.
Elevated trading volumes, strength in Chicago grains, and improved export demand kept the short-term outlook cautiously bullish.