ICE cotton falls for 4th straight day amid weak demand, falling grains
ICE cotton extended its bearish trend for the fourth session. Weak export demand, a stronger dollar, and falling crude oil pressured prices. US cotton exports remained weak, though Chinese imports improved slightly. Trading volume surged, but open interest fluctuated. Experts highlighted challenges from weak demand, currency strength, and fibre competition, signalling continued market weakness.
ICE cotton extended its bearish trend for the fourth session.
Weak export demand, a stronger dollar, and falling crude oil pressured prices.
US cotton exports remained weak, though Chinese imports improved slightly.
Trading volume surged, but open interest fluctuated.
Experts highlighted challenges from weak demand, currency strength, and fibre competition, signalling continued market weakness.
