Cotton futures prices have decreased by 100 to 110 points on Thursday, continuing a downward trend from Wednesday’s close which showed a drop of 31 to 75 points across various contracts. The US dollar index fell by $0.420 to $97.890, while crude oil prices dropped by $6.06 due to easing tensions between the US and Iran.
On May 5, the Seam reported 7,483 bales of cotton sold at an average price of 79.55 cents per pound. Additionally, the Cotlook A Index increased by 75 points to 92.80 cents, and ICE certified cotton stocks rose by 1,760 bales, bringing the total to 181,952 bales. The Adjusted World Price also saw a rise of 40 points last week to reach 65.66 cents per pound, valid through Thursday.
As for specific contracts, May 2026 cotton closed at 81.71 cents (down 75 points), July 2026 cotton at 84.05 cents (down 75 points), and December 2026 cotton at 84.76 cents (down 51 points). Current figures show these contracts are further down by 106 and 100 points, respectively.
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