ICE cotton slips further as selling pressure dominates
ICE cotton futures declined for a second consecutive day as bearish sentiment persisted, despite a weaker dollar and rising crude oil prices. Technical resistance prevented gains, with short positions remaining dominant. Trading volumes were light, and analysts noted weak momentum. S&P Global revised its 2025 US cotton acreage estimate downward.
ICE cotton futures declined for a second consecutive day as bearish sentiment persisted, despite a weaker dollar and rising crude oil prices.
Technical resistance prevented gains, with short positions remaining dominant.
Trading volumes were light, and analysts noted weak momentum.
S&P Global revised its 2025 US cotton acreage estimate downward.
