Bullish ICE Cotton runs out of steam at $87.24; currently at $87.15 per pound

Published: January 26 2023, 05:45 GMT+0

Bullish ICE Cotton runs out of steam at $87.24; currently at $87.15 per pound

After closing the previous trading day at $86.66, Cotton is up to $87.15 per pound, which makes for a move of 0.57%/49 cents today.

Approximately 8 months ago, the Cotton future reached a significant high of $154.89 but has struggled to hold onto its gains and declined 44.05% since then.

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