Fibre2fashion.com on Nostr: ICE Cotton Slips Amid Weak Exports, Falling Grains & Stronger Dollar ========== ICE ...
ICE Cotton Slips Amid Weak Exports, Falling Grains & Stronger Dollar
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ICE cotton prices dropped over 1% on January 3, 2025; March 2025 contract settled at 67.66 cents per pound, marking a 1.8% weekly decline; USDA data revealed upland cotton export sales fell 54% with only 24,900 bales exported to China; US dollar index strengthened due to US economic outperformance and high interest rates; total of 32,478 contracts traded on January 3; cash cotton settled at 65.16 cents; May 2024 contract at 68.81 cents; July 2025 contract at 69.89 cents; October 2025 contract at 68.48 cents; December 2025 contract at 69.06 cents.
#Cotton #Exports #UsDollar #GrainMarket #Usda #China #MarketTrends #EconomicImpact #CommodityPrices #Textiles
https://www.fibre2fashion.com/news/cotton-news/ice-cotton-slips-amid-weak-exports-falling-grains-stronger-dollar-300008-newsdetails.htm
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ICE cotton prices dropped over 1% on January 3, 2025; March 2025 contract settled at 67.66 cents per pound, marking a 1.8% weekly decline; USDA data revealed upland cotton export sales fell 54% with only 24,900 bales exported to China; US dollar index strengthened due to US economic outperformance and high interest rates; total of 32,478 contracts traded on January 3; cash cotton settled at 65.16 cents; May 2024 contract at 68.81 cents; July 2025 contract at 69.89 cents; October 2025 contract at 68.48 cents; December 2025 contract at 69.06 cents.
#Cotton #Exports #UsDollar #GrainMarket #Usda #China #MarketTrends #EconomicImpact #CommodityPrices #Textiles
https://www.fibre2fashion.com/news/cotton-news/ice-cotton-slips-amid-weak-exports-falling-grains-stronger-dollar-300008-newsdetails.htm