ICE cotton hits two-week low on weak exports, strong dollar
ICE cotton futures fell to a two-week low, pressured by a stronger US dollar, weak export sales, and negative grain market sentiment. The May 2025 contract dropped by 0.81 cent to 65.27 cents per pound. Weekly export sales declined 63 per cent, dampening market mood. Cotton futures declined daily this week, with Friday marking the steepest one-day fall.
ICE cotton futures fell to a two-week low, pressured by a stronger US dollar, weak export sales, and negative grain market sentiment.
The May 2025 contract dropped by 0.81 cent to 65.27 cents per pound.
Weekly export sales declined 63 per cent, dampening market mood.
Cotton futures declined daily this week, with Friday marking the steepest one-day fall.
