ICE cotton prices continued their downward trend for the fourth consecutive session, influenced by declining soybean futures and a stronger dollar.
The March 2025 contract settled at 68.08 cents per pound, slightly above its low.
The broader cotton market reflected losses across various contracts, with overall weak demand exacerbated by a rising dollar and lower soybean prices.
ICE cotton prices continued their downward trend for the fourth consecutive session, influenced by declining soybean futures and a stronger dollar.
The March 2025 contract settled at 68.08 cents per pound, slightly above its low.
The broader cotton market reflected losses across various contracts, with overall weak demand exacerbated by a rising dollar and lower soybean prices.