ICE cotton rebounds on crude oil, dollar weakness & stock gains

ICE cotton futures rebounded on April 22, 2025, supported by rising crude oil prices, a weaker US dollar, and gains in equity markets.
The July 2025 contract rose 0.40 cent to 67.22 cents/lb.
Higher oil raised polyester costs, aiding cotton’s competitiveness.
Trading volume surged, while deliverable stocks remained unchanged.
Brazil’s March cotton exports dipped 5 per cent YoY.Read More