ICE cotton futures slide on favourable US weather, weak grain markets

ICE cotton futures declined further on April 28, 2025, pressured by favourable US crop weather and weaker Chicago grain markets.
The July 2025 contract fell by 1.25 cents to 67.55 cents per pound.
Beneficial rains in Texas improved crop prospects, dampening bullish sentiment.
US cotton planting reached 15 per cent, slightly ahead of the five-year average.Read More