ICE cotton climbs fifth straight day despite US export slump
ICE cotton futures rose for the fifth straight session, supported by a weaker US dollar and rising crude oil prices, despite a 67 per cent drop in weekly US export sales. The December 2025 contract hit a high of 69.10 cents/lb. Crude oil's price increase has lifted cotton's competitiveness over polyester. Market sentiment remains cautious as traders await acreage data for further direction.
ICE cotton futures rose for the fifth straight session, supported by a weaker US dollar and rising crude oil prices, despite a 67 per cent drop in weekly US export sales.
The December 2025 contract hit a high of 69.10 cents/lb.
Crude oil's price increase has lifted cotton's competitiveness over polyester.
Market sentiment remains cautious as traders await acreage data for further direction.
