ICE cotton further gains on falling dollar, higher US exports
ICE cotton futures rose over 2 per cent, driven by a weaker US dollar and strong US export sales. A falling dollar made cotton more attractive to overseas buyers, while improved demand and rising exports lifted market sentiment. High oil prices and easing tariff concerns also supported gains. USDA data showed export sales up 45 per cent, reinforcing positive momentum.
ICE cotton futures rose over 2 per cent, driven by a weaker US dollar and strong US export sales.
A falling dollar made cotton more attractive to overseas buyers, while improved demand and rising exports lifted market sentiment.
High oil prices and easing tariff concerns also supported gains.
USDA data showed export sales up 45 per cent, reinforcing positive momentum.
