ICE cotton futures experienced a slight decline on June 3, 2025, as traders engaged in profit-taking following recent gains. The July 2025 contract settled at 66.
05 cents per pound, down 0.08 cent, while the December 2025 contract closed at 68.
53 cents, a decrease of 16 points.
This marks the 14th consecutive session of narrow trading ranges, indicating limited market volatility.
A stronger US dollar added pressure to cotton prices, making US cotton more expensive for international buyers and potentially dampening demand. Additionally, the USDA’s crop progress report revealed slower planting progress and weaker crop conditions compared to the previous year, raising concerns about future supply.
Rising deliverable stocks, which increased to 53,700 bales as of June 2, suggest sufficient short-term supply, contributing to a cautious market outlook.
The market’s subdued response to these factors reflects a cautious sentiment among traders, awaiting clearer signals on demand and crop conditions.
With prices remaining within a tight range, stakeholders are closely monitoring economic indicators and weather patterns that could influence future price movements.
