ICE cotton rises as tariff worries ease, still below 70 cents mark
ICE cotton futures rose over one per cent after President Trump announced a three-month tariff pause, with the May 2025 contract settling at 66.63 cents per pound. Despite the rebound, prices remain below the key 70-cent psychological level. A weaker US dollar supported cotton, while Vietnam led US cotton imports. Traders await the USDA export sales report for further clarity on global demand.
ICE cotton futures rose over one per cent after President Trump announced a three-month tariff pause, with the May 2025 contract settling at 66.63 cents per pound.
Despite the rebound, prices remain below the key 70-cent psychological level.
A weaker US dollar supported cotton, while Vietnam led US cotton imports.
Traders await the USDA export sales report for further clarity on global demand.
