ICE cotton faces further losses on weak demand, strong dollar
ICE cotton futures fell on Tuesday, with the July 2025 contract hitting its lowest level since April 16 amid a stronger US dollar, weak demand, and favourable US weather. Global economic uncertainty, soft mills’ demand in Asia, and falling grain prices added pressure. July cotton settled at 66.49 cents/lb, down 1.06 cents. Market sentiment remains bearish.
ICE cotton futures fell on Tuesday, with the July 2025 contract hitting its lowest level since April 16 amid a stronger US dollar, weak demand, and favourable US weather.
Global economic uncertainty, soft mills’ demand in Asia, and falling grain prices added pressure.
July cotton settled at 66.49 cents/lb, down 1.06 cents. Market sentiment remains bearish.
