Cotton futures experienced significant gains on Thursday, with July contracts up by 3 cents, closing at 82.2 cents per pound. The USDA reported 162,879 running bales (RB) of cotton sold for the 2025/26 marketing year during the week of April 23, marking a 56.61% increase compared to the same week last year. Vietnam was the largest buyer, purchasing 55,600 RB, while 33,300 RB were sold to Pakistan. Additionally, new crop sales for 2026/27 totaled 105,747 RB, the fourth largest for the marketing year, with Turkey and China as notable buyers.
Weekly shipments reached 384,608 RB—the highest in five weeks—with Vietnam receiving 155,000 RB and Pakistan 38,500 RB. The Seam reported an average sale price of 76.04 cents per pound for 1,524 bales sold on April 29. ICE certified cotton stocks remained unchanged at 165,681 bales, and the Adjusted World Price rose to 65.66 cents per pound.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
