Feb 21 (Reuters) -U.S. cotton futures rebounded on Wednesday, aided by technical support after prices fell to a one-week low in the previous session, while a softer dollar also lent support.
* Cotton contract for May CTc2 rose 1.82 cents, or about 2%, to 93.51 cents per lb by 11:30 a.m. ET (1630 GMT), after falling more than 3% on Tuesday. It traded in a range of 91.18-93.85 cents per lb.
* U.S. cotton producers intend to plant 9.8 million cotton acres this spring, down 3.7% from 2023, according to the National Cotton Council's (NCC) 43rd Annual Early Season Planting Intentions Survey released on Monday.
* Cotton is up on technicals, people rethinking NCC acres numbers a little bit and the dollar not gaining anymore, said Louis Barbera, partner and analyst at VLM Commodities.
* "There is a huge amount of money that have come into softs since the beginning of the year and cotton is no exception."
* The dollar ticked 0.1% lower, making the natural fibre less expensive for buyers overseas. USD/
* Traders now await the U.S. Department of Agriculture's (USDA) weekly export sales data due on Thursday.
* USDA's weekly export sales report last week showed exports of 276,100 running bales.
* Chicago wheat, corn and soybeans edged down as a bounce fuelled by short-covering subsided and expectations of ample global supplies hung over the market. GRA/
* Meanwhile, the farmers' groups in India rejected government's previous proposal for five-year contracts and guaranteed support prices for produce such as corn, cotton and pulses.
Reporting by Rahul Paswan in Bengaluru; Editing by Shilpi Majumdar