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Indian cotton undercuts multi-month high ICE prices

Notably, on Friday, the March **** contract of ICE cotton hit **.** cents per pound (*.*** kg).

Lower stocks and strong exports from the US, alongside rising US crude oil prices and a weaker US dollar, were key factors that pushed up cotton prices. The rising ICE cotton prices also made Indian cotton more attractive for the export market. ICE cotton had maintained a flat level of **-** cents per pound for several months until recently.