Cotton Futures Decline Amid Mixed Commodity Market Trends
Cotton futures are facing losses between 44 to 53 points on Wednesday. Meanwhile, crude oil futures have increased by 47 cents per barrel. The US dollar index is down by $0.429 for the day.
February Cotton Consumption and Stocks Report
The monthly NASS Cotton Systems report indicates that 257 RB of extra-long staple cotton was consumed in February. This figure comes in slightly below January’s consumption levels and is significantly less than the consumption reported last year. Currently, stocks on hand stand at 386 RB.
Latest Sales and Market Prices
The Seam reported 21,595 bales in online sales on Tuesday, with an average price of 63.75 cents per pound. On April 1, the Cotlook A Index decreased by 5 points to 78.85 cents per pound. As of April 1, ICE cotton stocks remained unchanged, with certified stocks totaling 14,488 bales. Additionally, USDA’s Adjusted World Price (AWP) saw a decline of 97 points on Thursday afternoon, settling at 53.66 cents per pound.
Current Cotton Futures Prices
May 2025 Cotton: 67.8, down 45 points,
July 2025 Cotton: 68.65, down 53 points,
December 2025 Cotton: 70.37, down 44 points.
On the date of publication, Austin Schroeder did not have any positions in the securities mentioned in this article. All information and data presented are for informational purposes only. For additional information, please view the Barchart Disclosure Policy here.
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