International Cotton Market

21-Jun-2025 08:19 AM

International Cotton Market
ICE cotton futures showed mixed activity today. Nearby July contracts were under pressure, posting the lowest close since April 7. New crop months faced challenging US weather conditions and were less likely to see price declines, with most contracts up 3 to 7 points, and the lightly traded October contract up 94 points.
WTI crude oil for July delivery settled 14 cents lower at $75.00 per barrel, while August futures rose 59 cents to $74.09 amid Middle East concerns. The US dollar index weakened due to tariff and geopolitical risks in the Middle East. September DX index futures settled 0.073 lower at 98.395.
According to USDA’s weekly Export Sales report, 83,198 running bales of cotton were sold for the 2024/25 marketing year in the week ending June 12, up 38.25% from the previous week. Sales for 2025/26 totaled 274,891 running bales, the highest for the marketing year. Upland cotton shipments were 204,694 running bales for the week, down 13.36% from the prior week.
The Cotlook A Index was down 75 points on June 19 to 77.75. ICE cotton stocks were unchanged at 62,332 bales as of June 18. USDA’s Adjusted World Price (AWP) was up 1 point to 54.03 cents per pound as of Thursday and is effective through next Thursday.