Cotton Futures Rise Amid Positive Market Trends

The cotton market showed promising signs on Friday, with futures gaining between 2 to 6 points. This increase was partly supported by movements in outside markets, as the US dollar index fell by 33 points and crude oil prices climbed by $0.54 per barrel.

Export Sales Surge to New Heights

Recent Export Sales data revealed strong interest, with 279,056 running bales (RB) of upland cotton sold for 2024/25 shipment during the week ending December 19. This figure marked a four-week high and rose by 43.18% compared to the previous week. Additionally, 29,480 RB were sold for the 2025/26 season. Shipments also reached a three-week high of 140,484 RB, which was up by 9.26% from the week before.

Market Pricing Insights

The Seam reported 3,126 bales sold online on December 26, with an average price of 59.37 cents per pound. Meanwhile, ICE cotton stocks remained stable on Thursday, totaling 20,113 bales of certified stocks. The Cotlook A Index increased by 130 points as of December 24, now standing at 79.60 cents per pound. In contrast, the USDA Adjusted World Price (AWP) was lowered by 54 points this week to 54.55 cents per pound, valid until next Thursday.

Current Cotton Futures Prices

Mar 25 Cotton: 68.81, up 6 points

May 25 Cotton: 69.88, up 2 points

Jul 25 Cotton: 70.91, up 3 points

On the date of publication, Austin Schroeder did not hold any positions in the securities mentioned in this article. All information and data are provided solely for informational purposes. For more details, please see the Barchart Disclosure Policy here.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.