Cotton International News
03-Jun-2026 08:30 AM
Cotton International News
ICE cotton futures posted gains of 38 to 73 points across most contracts on Tuesday. The U.S. Dollar Index rose by 0.023 points to 99.170, while crude oil prices increased by $1.23 to $93.39 per barrel.
The weekly NASS Crop Progress report showed that 66% of the U.S. cotton crop had been planted as of May 31, which is 1 percentage point below the normal pace. Meanwhile, 7% of the crop had reached the squaring stage, matching the historical average.
The Seam reported sales of 882 bales on Monday at an average price of 75.79 cents per pound. The Cotlook A Index increased by 60 points on June 1 to 86.25 cents per pound. ICE certified cotton stocks rose by 4,998 bales on June 1, bringing total certified stocks to 242,911 bales. The Adjusted World Price declined by another 519 points last week to 63.49 cents per pound.