ICE Cotton Futures Rise Modestly on Higher Oil Prices

Cotton futures on ICE gained modestly for the fourth consecutive session, supported by stronger crude oil prices and gains across agricultural commodity markets. The most-active December 2026 contract settled at 81.21 cents per pound, up 0.10 cent.

However, the upside was limited due to weaker US export sales and a firmer US dollar, which capped gains. Other nearby contracts also ended slightly higher.

Cotton's competitiveness against synthetic fibres improved with higher crude oil prices, which increase production costs for polyester fibre. Market analysts pointed out that strength in grain and energy markets continued to support cotton prices, citing weather-related concerns as an important underlying factor across agricultural commodities.

Trading volumes remained light, indicating cautious buying interest despite the fourth consecutive daily gain, as traders awaited stronger confirmation of demand.