– Reporting Period 05 – 18 February 2025 –
The market was quite calm in the reporting period. As the predominant leading prices, the ICE Cotton No. 2 futures recorded a weak upward trend. After the various New Year festivities, many participants returned to the market. Demand for US cotton has returned to solid levels over the past two weeks, driven by low prices and a weakening US dollar.
While many other commodity markets have been in much more turmoil, the cotton market was still serene. Even if one eye has been kept nervously on the development of the tariff threat, it has not yet triggered any overreactions.
Physical quotations are following the upward trend just as shallowly. The European market did not show any major upheavals and remained rather calm.