Cotton Prices Drop Amid Market Pressure
Market Overview and External Influences
Cotton prices fell by 15 to 26 points this Thursday, continuing the downward trend from Wednesday, where futures lost 28 to 35 points. A strong US dollar index, which rose by 522 points, alongside a decline in crude oil prices to $0.93 per barrel, has contributed to these losses.
Weekly Export Sales Report Update
Due to the National Day of Mourning for former President Carter’s funeral, the weekly Export Sales report has been postponed until Friday. However, market hours will remain normal.
Recent Sales and Stock Reports
On January 7, The Seam reported 13,770 bales of online cotton sales at an average price of 61.88 cents per pound. ICE cotton stocks remained stable on Tuesday, holding at 20,113 bales of certified cotton. Additionally, the Cotlook A Index increased by 100 points on the same date, reaching 79.05 cents per pound. Last Thursday, the USDA Adjusted World Price (AWP) also saw an increase, rising by 48 points from the previous week to 55.03 cents per pound.
Current Cotton Futures Prices
Here’s a snapshot of the March, May, and July 2025 cotton futures prices:
- March 25 Cotton closed at 68.23 cents, down 28 points, and is currently down 26 points.
- May 25 Cotton closed at 69.37 cents, down 31 points, and is currently down 18 points.
- July 25 Cotton closed at 70.4 cents, down 35 points, and is currently down 17 points.
On the date of publication, Austin Schroeder did not hold any positions in the securities mentioned in this article. The information provided in this article is for informational purposes only. For further details, please refer to the Barchart Disclosure Policy here.
Disclaimer
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
