Risk-off mood drags ICE Cotton 2.02% lower

Published: March 19 2023, 10:00 GMT+0

Risk-off mood drags ICE Cotton 2.02% lower

Friday at a glance: Cotton ended Friday at $77.56 per pound following from closing Thursday at $79.16. Overall, this represents a loss of $1.6 or 2.02%.

ICE Cotton has fallen back around 48.89% over the past 10 months, from a notable high of $154.89.

Cotton's value drop coincided with the fact that after ending Friday's session at $180.05, Coffee lost $3.4 and is trading around $176.65. After ending Friday's session at $20.76, Sugar lost 9 cents and is trading around $20.67.

Positive performances can be seen by looking at other Softs markets as notably, Cocoa rose 1.86% Friday and closed at $2,688.

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