ICE cotton futures dip on Texas rains, stronger dollar, weak sentiment
ICE cotton futures fell to their lowest in over a week, pressured by favourable crop weather in Texas, a stronger US dollar, and weak market sentiment. July 2025 settled at 65.33 cents/lb, while inventories rose, indicating higher supply. A firm dollar dampened export demand, while grain market softness added to the bearish tone across commodities.
ICE cotton futures fell to their lowest in over a week, pressured by favourable crop weather in Texas, a stronger US dollar, and weak market sentiment.
July 2025 settled at 65.33 cents/lb, while inventories rose, indicating higher supply.
A firm dollar dampened export demand, while grain market softness added to the bearish tone across commodities.
