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Cotton Futures on ICE: Quiet Start, Upside Potential

Published 2 days, 3 hours ago
Description

Cotton futures on the ICE exchange started the day with subdued activity, as of 10 AM on March 27th. The May contract traded between 69.00 and 69.62 cents per pound, settling at 69.42. July and later contracts showed steadier gains, with December hitting 73.73. Traders reacted to lighter volumes, with caution amid broader commodity swings. December led activity with 5,391 trades, and eyes are on weekend weather reports for next weeks open.

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