ICE cotton futures rose slightly on Friday, snapping a three session losing streak on a weaker dollar, offsetting losses from recent export sales cancellations, increasing acreage and favourable weather for the natural fibre.

Favourable weather in top growing regions and export cancellations from India and China along with optimistic acreage expectations by the US Department of Agriculture put pressure on prices. The July cotton contract on ICE futures US fell about 3.3 percent this week after prices touched near three-year highs earlier in the week.

The July cotton contract on ICE Futures US settled up 0.21 cent, or 0.27 percent, at 79.45 cents per lb. It traded within a range of 78.42 and 79.5 cents a lb. Total futures market volume rose by 1,120 to 28,463 lots. The following deals reported: 300 bales from Lodhran at Rs 6800, same figure from Khanewal at Rs 6900, 200 bales from Sadiquabad at Rs 7000 and 400 bales from Yazman Mandi at Rs 7050, they said.