Cotton futures rose 50 to 85 points in July contracts, while nearby July contracts fell 187 points. Crude oil dropped $1.09 to $71.43 per barrel. The US Dollar Index recovered 0.226% to 101.165.
USDA’s Export Sales report revealed 83,864 RB of cotton sold for 2025/26 during the week of 6/18—a 6-week low but still up compared to the same period last year. New crop sales totaled 67,089 RB, the lowest in six weeks. Shipments reached a 4-week high at 300,155 RB, up 46.64% from the prior week.
The Cotlook A Index fell 75 points to 87.55 cents on June 24. ICE certified cotton stocks remained unchanged at 189,447 bales. The Adjusted World Price dropped 111 points last week to 62.37 cents/lb, with updates pending later today.
Jul 26 Cotton is trading at 72.09, down 187 points;
Dec 26 Cotton is at 77.11, up 85 points;
Mar 27 Cotton is priced at 78.34, up 67 points.
On the date of publication, Austin Schroeder did not hold positions in any securities mentioned. All content is informational per Barchart’s Disclosure Policy.
Opinions expressed are the author’s and not those of Nasdaq, Inc.
