
ICE cotton futures closed higher as a new US-EU trade deal lifted sentiment, though the EU remains a minor buyer of US cotton.
Rising crude oil prices also supported cotton by making polyester more expensive.
December 2025 cotton held near 68 cents/lb for an eleventh session.
USDA rated 55 per cent of US cotton good-to-excellent.
Brazil’s July exports dropped 19 per cent year-on-year.