ICE cotton futures continued to decline due to weak crude oil prices and favourable weather, despite a weaker dollar limiting losses.
December contract settled at 69.44 cents per pound, down 0.37 cents, while crude oil hit a yearly low due to demand concerns and increased supply.
Traders await US cotton export sales report, expected to show limited activity.
December contract settled at 69.44 cents per pound, down 0.37 cents, while crude oil hit a yearly low due to demand concerns and increased supply.
Traders await US cotton export sales report, expected to show limited activity.