ICE cotton touches three-month high on weaker US dollar
ICE cotton futures touched a three-month high as a weaker US dollar made cotton more affordable for overseas buyers. The July 2025 contract settled at 69.17 cents per pound, up 0.14 cent, with a 235-point gain over three sessions. Despite a 49 per cent weekly drop in US export sales, analysts said dollar weakness and prior technical strength continued to support the market.
ICE cotton futures touched a three-month high as a weaker US dollar made cotton more affordable for overseas buyers.
The July 2025 contract settled at 69.17 cents per pound, up 0.14 cent, with a 235-point gain over three sessions.
Despite a 49 per cent weekly drop in US export sales, analysts said dollar weakness and prior technical strength continued to support the market.
