ICE cotton prices rose due to hurricane damage, short covering, and stronger crude oil prices linked to Middle East tensions.
Trading volumes dropped as holidays in China and India contributed to lower activity.
Hurricane damage estimates and a dockworkers’ strike added to concerns, while traders await the USDA export sales report for further clarity.
Trading volumes dropped as holidays in China and India contributed to lower activity.
Hurricane damage estimates and a dockworkers’ strike added to concerns, while traders await the USDA export sales report for further clarity.