ICE cotton stalls below resistance amid mixed signals
ICE cotton futures traded in a narrow range as the July 2025 contract faced technical resistance and settled slightly lower. Market sentiment was mixed, with weaker crude oil prices and a softer US dollar influencing trade. Low trading volume signalled cautious investor sentiment. Growing certified stocks and upcoming USDA export data added to a wait-and-watch atmosphere among traders.
ICE cotton futures traded in a narrow range as the July 2025 contract faced technical resistance and settled slightly lower.
Market sentiment was mixed, with weaker crude oil prices and a softer US dollar influencing trade.
Low trading volume signalled cautious investor sentiment.
Growing certified stocks and upcoming USDA export data added to a wait-and-watch atmosphere among traders.
