As of midday on Monday, July 25, cotton prices have decreased by 51 to 60 points in the nearby contracts. The current futures prices are $65.66 for July 25 (down 111 points), $66.55 for October 25 (down 51 points), and $67.88 for December 25 (down 58 points). Additionally, crude oil is priced at $67.98 per barrel, with a drop of $1.38, and the US dollar index has risen by $0.398 to $97.220.
The Cotlook A Index decreased by 25 points on July 4, settling at 79.15, while ICE cotton stocks remained steady following decertification on July 3. The USDA’s Adjusted World Price (AWP) increased by 116 points to 55.34 cents per pound.
