ICE cotton gains on speculative buying after hitting one-month low

ICE cotton gains on speculative buying after hitting one-month low

ICE cotton prices rose on Monday, driven by speculative buying after hitting a one-month low.
The March 2025 contract settled at 69.06 cents per pound, marking a 1.36-cent increase, with triple-digit gains in early contracts.
Stabilised grain markets and mill buying at attractive price levels supported the rise.
Speculators increased net short positions, while open interest fell.Read More

24.12.2024Comments Off,
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