International Cotton Market
04-Jul-2025 08:25 AM
International Cotton Market
ICE cotton futures posted front-month losses of 111 points for July and October contracts, with December down 17 points. December futures ended the week down by 86 points. Crude oil declined by $0.23 to $67.22 per barrel, while the U.S. dollar index rose by 0.341 to 96.770. Markets will be closed on Friday and reopen normally on Monday.
Export sales data for the week ending June 26 showed only 23,680 running bales of old crop cotton sold—a marketing-year low. Vietnam was the top buyer with 19,600 bales, followed by Bangladesh with 17,200 bales. New crop sales reached 106,584 running bales, higher than the prior week. Mexico was the top buyer for 2025/26 at 50,600 bales, while Vietnam bought 30,000 bales.
Export shipments hit a 4-week high at 255,770 running bales, with Vietnam receiving 65,000 bales and Pakistan 38,700 bales.
Census data for May showed cotton exports at 1.26 million bales, down 24.08% from April but up 24.11% from a year ago.
The Cotlook A Index fell by 5 points to 78.85 on July 1. On July 2, ICE certified stocks declined by 164 bales to 40,324 bales following decertification. USDA’s Adjusted World Price (AWP) was raised by 116 points to 55.34 cents per pound on Thursday afternoon.