Speculative buying & crude oil surge propel ICE cotton prices

ICE cotton prices saw an uplift on the first trading day of 2025, buoyed by rising crude oil prices and speculative buying.
The March 2025 contract rose modestly, reflecting optimism about China’s economic recovery.
Trading volume hit a six-session high, with prices also supported by higher crude oil costs, which make alternative fibres like polyester more expensive.Read More