Cotton futures experienced a decline on Thursday, with most contracts falling between 136 and 216 points. As of the end of the session, the July 2026 contract closed at 74.89, down 184 points. Notably, the USDA’s Export Sales report revealed 185,268 running bales (RB) of cotton sold for the 2025/26 season during the week ending May 28, marking a seven-week high. Key buyers included Vietnam, which purchased 109,900 RB, and Pakistan with 16,500 RB.
Additionally, new crop sales were recorded at 77,145 RB for the same week, a three-week low, with Mexico leading as the largest buyer at 24,000 RB. Shipments totaled 268,799 RB, the lowest in 14 weeks, predominantly shipped to Vietnam (79,100 RB) and Turkey (48,200 RB). Meanwhile, ICE certified cotton stocks increased by 11,571 bales to a total of 255,021 bales.
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