Cotton Futures Hold Steady as Exports Hit Nine-Year Low

Minor Changes in Cotton Prices Amid Supportive Markets

Cotton futures experienced slight fluctuations on Tuesday, with contracts closing virtually unchanged, staying within 5 points of the previous day’s values. The outlook remained favorable as crude oil prices increased by 52 cents per barrel, while the US dollar index dropped by 470 points.

September Exports Decline Sharply

In September, US cotton exports amounted to 502,522 bales, marking a significant dip to a nine-year low. This represented a decrease of 23.11% compared to the previous year and a 26.64% decline from August’s totals.

Market Activity and Price Updates

The Seam reported 686 bales of online sales on November 4, with an average price of 70.43 cents per pound. Meanwhile, ICE cotton stocks remained stable on Monday, totaling 174 bales of certified stocks. The Cotlook A Index rose by 50 points on November 4, now at 82.20 cents per pound. In the latest USDA update, the Adjusted World Price (AWP) decreased by 74 points to 58.54 cents per pound.

Cotton Futures Closing Prices

March 2025 Cotton closed at 72.32, up 5 points. May 2025 Cotton ended at 73.73, down 3 points. July 2025 Cotton finished at 75.01, down 2 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 are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

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