International Cotton Market

27-Jun-2025 08:10 AM

International Cotton Market
ICE cotton futures continued to rise on Thursday, gaining 27 to 63 points despite weaker export sales data. Crude oil rose by $0.33 per barrel, while the U.S. dollar index fell by 0.333 points.
For the week ending June 19, USDA reported 27,342 running bales of cotton sold for the 2024/25 season. Pakistan was the top buyer with 9,200 RB, followed by Vietnam with 7,700 RB. New crop sales totaled 64,664 RB, with 34,300 RB sold to Vietnam. Total sales across both marketing years were the lowest since September.
Shipments for the week totaled 184,521 RB, the smallest volume since mid-January. Turkey was the top destination with 41,300 RB, followed by Vietnam at 36,400 RB.
On Wednesday, The Seam reported just 1,186 bales sold in its online auction, with an average price of 66.64 cents per pound. On June 25, the Cotlook A Index rose 25 points to 78.65. ICE certified stocks were steady at 61,136 bales. USDA’s Adjusted World Price (AWP) increased by 15 points on Thursday to 54.18 cents per pound.