ICE cotton futures fell to a two-week low on July 29, with December 2025 settling at 67.67 cents/lb, pressured by a stronger US dollar and falling grain prices.
Overseas demand weakened, while CBOT grains declined amid favourable Midwest crop weather.
Despite a dip in crop quality, USDA still rated 55 per cent of cotton crop good-to-excellent.
Trading volume hit July’s highest, at 40,206 contracts.
