Cotton futures gained 54 to 64 points at midday on Monday. Crude oil slipped $4.41 following a weekend peace agreement between the United States and Iran, set to be signed this Friday. The U.S. dollar index declined 0.285 to 99.460.
CFTC data indicated that managed money reduced its net short position in cotton futures and options by 10,198 contracts, bringing the total to 42,204 contracts by Tuesday.
The Cotlook A Index rose 110 points on Thursday to 84.75 cents. ICE‑certified cotton inventories remained unchanged at 192,699 bales as of June 12, and the Adjusted World Price fell another 194 points to 61.26 cents per pound last week.
July 2026 cotton traded at 73.48, up 54 points; December 2026 cotton at 76.98, up 56 points; March 2027 cotton at 78.28, up 64 points.
