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Cotton prices experienced a slight rebound on Friday morning, rising between 6 to 13 points after closing lower on the previous day by 45 to 50 points. As of now, March cotton futures are at 61.76 cents per pound, May at 63.50 cents, and July at 65.26 cents, all recording losses earlier.
In the week ending January 29, U.S. cotton export sales reached 249,836 running bales, an increase of 22.67% from the prior week, though still 10.78% lower than the same week last year. Vietnam was the largest purchaser at 54,000 RB, followed by Pakistan with 48,100 RB and China with 36,600 RB. However, shipments fell 8.45% week-over-week to 235,313 RB, yet marked a significant increase of 53.29% compared to the same week in 2025.
As of February 4, the Cotlook A Index declined to 73.15 cents per pound, with ICE certified cotton stocks up by 11,138 bales, totaling 47,653 bales. The Adjusted World Price was updated to 49.78 cents per pound, reflecting a decrease of 42 points.
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