ICE cotton futures ended with a mixed trend on March 10, 2025. The May 2025 contract experienced a slight decline due to a stronger U.
S. dollar and lower crude oil prices, which made cotton less appealing for buyers. The dollar’s strength made cotton more expensive for international buyers, while falling crude oil prices increased the competitiveness of cheaper polyester fibers.
Despite this, other contracts saw gains ranging from 6 to 49 points.
The market remains focused on the upcoming World Agricultural Supply and Demand Estimates (WASDE) report, which traders expect will provide clearer direction for future cotton price trends. Market concerns are also tied to potential disruptions from U.S. trade policies, as well as fluctuations in crude oil and currency markets.
As of the latest figures, the May 2025 contract settled at 66.00 cents per pound, down by 0.07 cents, while other contracts saw modest increases. The market awaits further insights from the WASDE report, due to be released soon, for a better understanding of global cotton supply and demand dynamics.
