ICE cotton drops on US rains, early Indian monsoon

ICE cotton futures fell on Wednesday as favourable US weather and early Monsoon rains in India signalled improved global crop prospects, dampening demand expectations for US cotton.
The July 2025 contract dropped 1.6 per cent, while trading volumes declined.
Analysts anticipate a boost in US planting and reduced Indian import needs.
Traders await the USDA export sales report for further cues.Read More