ICE cotton experienced its longest losing streak in months, with the March 2025 contract settling at 67.91 cents per pound, down by 0.17 cents.
The dollar index reached a two-year high, impacting commodity prices due to a stronger dollar making cotton more expensive for foreign buyers.
Trading volumes decreased slightly, and despite a weekly increase, US cotton exports fell below 4-week average.
ICE cotton experienced its longest losing streak in months, with the March 2025 contract settling at 67.91 cents per pound, down by 0.17 cents.
The dollar index reached a two-year high, impacting commodity prices due to a stronger dollar making cotton more expensive for foreign buyers.
Trading volumes decreased slightly, and despite a weekly increase, US cotton exports fell below 4-week average.