Cotton Futures Decline Amid Market Pressures
Softening Demand and External Influences Impact Trading
Cotton futures experienced losses on Friday, with declines ranging from 160 to 168 points thus far in the session. The broader market environment is contributing to this trend, as the US dollar index remains steady at midday. Crude oil futures are also presenting challenges, showing a decrease of $1.70 per barrel.
Recent Export Sales data from the Foreign Agricultural Service (FAS) indicated that only 153,316 RB of cotton were sold for the week ending November 7th, marking a five-week low. Additionally, shipments totaled 111,964 RB for that week, the lowest amount recorded in the past three weeks.
On November 14, The Seam reported 445 bales of cotton sold online, with an average price of 68.18 cents per pound. Meanwhile, ICE cotton stocks increased by 840 bales due to new certifications on Thursday, totaling 12,064 bales of certified stock. The Cotlook A Index rose by 5 points on November 14, reaching 81.35 cents per pound. The USDA Adjusted World Price (AWP) is back up 24 points this week, now at 58.20 cents per pound.
March 2025 Cotton stands at 68.88 cents, down 168 points.
May 2025 Cotton is at 70.22 cents, down 164 points.
July 2025 Cotton is currently at 71.46 cents, down 160 points.
On the date of publication, Austin Schroeder did not hold (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.
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