Cotton International News
20-May-2026 08:28 AM
Cotton International News
ICE cotton futures posted a correction on Tuesday, with contracts falling between 10 and 137 points across the board. The US dollar index rose by 0.150 to 99.255, while crude oil prices increased by $0.07 to $103.59 per barrel.
NASS Crop Progress data showed that 41% of the US cotton crop had been planted as of May 17, which is 1 percentage point ahead of the 5-year average of 40%. Among the 15 major states reported by USDA, Georgia was 3% behind normal, while Louisiana, the Carolinas, and Virginia were also behind their average planting pace.
The Cotlook A Index declined by 325 points on Monday to 90.65 cents. ICE certified cotton stocks increased by 10,053 bales on May 18, taking total certified stocks to 203,491 bales. The Adjusted World Price rose by another 228 points last week to 71.87 cents per pound.