Cotton prices rose between 206 and 234 points on Monday following optimism regarding the Chinese market. U.S. Treasury Secretary Bessent and Chinese officials met in Paris this weekend to discuss trade, with indications that China is willing to increase purchases of U.S. agricultural goods, particularly non-soybean row crops such as cotton.
On the trading front, May 2026 cotton closed at 68.19 cents, up 234 points; July 2026 cotton closed at 70.06 cents, up 217 points; and October 2026 cotton closed at 71.67 cents, up 206 points. Meanwhile, crude oil prices decreased by $4.49 to $94.22. The Seam reported sales of 4,207 bales averaging 59.31 cents per pound. The Cotlook A Index rose to 75.75 cents on March 13, while ICE certified cotton stocks remained unchanged at 116,789 bales.
