ICE cotton rebounds after heavy losses, short covering dominates
ICE cotton futures rebounded on short covering after Monday’s steep losses, though gains were not enough to fully offset the previous drop. A weaker US dollar supported international buying, while analysts noted technical support at a five-day low. July 2025 rose 0.77 cent to 66.12 cents. Market focus is now on Thursday’s US export sales report.
ICE cotton futures rebounded on short covering after Monday’s steep losses, though gains were not enough to fully offset the previous drop.
A weaker US dollar supported international buying, while analysts noted technical support at a five-day low.
July 2025 rose 0.77 cent to 66.12 cents.
Market focus is now on Thursday’s US export sales report.
