Cotton International News
25-Oct-2025 08:14 AM
Cotton International News
ICE cotton futures closed Friday 3 to 13 points higher, while the December contract slipped 8 points for the week. Crude oil futures rose 35 cents to $61.44 per barrel, and the U.S. dollar index increased by $0.021 to 98.750.
President Trump and China’s President Xi are expected to meet in South Korea on Thursday. Lower-level talks are ongoing this week, with Secretary Bessent meeting counterparts this weekend. The U.S. has also launched an investigation into China’s compliance with the 2020 Phase One trade deal.
Thursday’s online auction from The Seam showed 832 bales sold at an average price of 65.00 cents per pound. The Cotlook A Index was down 55 points on October 23 to 75.30 cents. ICE certified cotton stocks remained steady on October 23 at 17,552 bales.