Cotton Futures Rise on Trade Talk Hopes
2025-10-17 16:21
By
Mojdeh Kazemi
1 min. read
Cotton futures rose toward 64.5 cents per pound, a near two-week high, amid ongoing optimism over potential trade talks between the US and China.
Market sentiment improved after President Donald Trump confirmed his meeting with Chinese President Xi Jinping by the end of the month, raising hopes for progress on trade discussions that could impact agricultural products.
Meanwhile, the prolonged US shutdown has led to delays in the release of key reports and data.
In the US, cotton harvest is reportedly progressing, but many farmers are holding back sales and storing their output, limiting market supply.