ICE cotton rises further as wheat surges & dollar dips

ICE cotton rises further as wheat surges & dollar dips

ICE cotton futures extended gains on Tuesday, driven by strength in grain markets, delayed US cotton planting, and a weaker US dollar.
July and December 2025 contracts rose by 0.48 and 0.40 cents, respectively.
USDA reported planting progress at 40 per cent, below the five-year average.
Market sentiment was also shaped by trade tariff uncertainty and short covering.Read More

21.05.2025Comments Off
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