Cotton Futures Show Resilience Despite Market Pressures

Market Movement and Stock Changes Impact Cotton Values

Cotton futures overcame early declines on Wednesday, with gains ranging from 1 to 14 points by the market’s close. However, a few contracts for early 2025 trading showed slight reductions. The broader market trends pressured cotton prices, as the US dollar index rose by an additional 445 points, while crude oil futures dropped by 13 cents.

On November 12, The Seam reported online sales of 438 bales, averaging 63.28 cents per pound. Meanwhile, ICE cotton stocks remained steady on Tuesday, maintaining certified stocks of 174 bales. Notably, the Cotlook A Index decreased by 100 points on November 12, landing at 82.25 cents per pound. Additionally, the USDA Adjusted World Price (AWP) fell by another 58 points last week, settling at 57.96 cents per pound.

Mar 25 Cotton closed at 71.1, gaining 3 points.

May 25 Cotton finished at 72.38, down 2 points.

Jul 25 Cotton ended at 73.57, decreasing by 8 points.

On the date of publication,
Austin Schroeder
did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

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