ICE cotton prices eased on Tuesday, ending a six-day rally due to a stronger dollar, declining crude oil prices, and higher crop prospects in Brazil.
The March 2025 contract settled at 71.68 cents per pound, down 0.04 cents.
Brazil’s expanded cotton acreage and potential tariff impositions added pressure, while market activity remained subdued ahead of Thanksgiving.
The March 2025 contract settled at 71.68 cents per pound, down 0.04 cents.
Brazil’s expanded cotton acreage and potential tariff impositions added pressure, while market activity remained subdued ahead of Thanksgiving.