ICE cotton futures hit two-month low on oil slump, weather boost
ICE cotton futures fell over one per cent, hitting a two-month low as weaker crude oil prices and favourable US weather conditions weighed on sentiment. December 2025 contracts dropped to 66.67 cents/lb, while July fell to 64.84 cents. Analysts cited easing geopolitical tensions and competitive polyester pricing as key factors. USDA reported 85 per cent planting progress.
ICE cotton futures fell over one per cent, hitting a two-month low as weaker crude oil prices and favourable US weather conditions weighed on sentiment.
December 2025 contracts dropped to 66.67 cents/lb, while July fell to 64.84 cents.
Analysts cited easing geopolitical tensions and competitive polyester pricing as key factors.
USDA reported 85 per cent planting progress.
