ICE cotton futures market rebounds

ICE cotton futures market rebounded. Contract of Dec closed at 68.63cent/lb, up 0.60cent/lb and contract of Mar closed at 69.90cent/lb, up 0.59cent/lb. The negotiations between Vietnam and the United States were favorable for the 2025/26 U.S. cotton exports.

Cotlook A Index declined by 0.05cent/lb to 78.85cent/lb.