International Cotton Market
23-Aug-2025 08:19 AM
International Cotton Market
ICE cotton futures ended the week with nearby contracts up 54 to 64 points, while December cotton gained 47 points for the week. Outside markets were supportive, with the U.S. dollar index down \$0.906 on the day to 97.605, while crude oil futures were up \$0.28.
Commitment of Traders data showed spec funds trimming just 766 contracts from their net short, leaving them at 56,317 contracts as of August 19.
Thursday’s Export Sales report showed 2025/26 marketing year commitments in the first two weeks at 3.233 million running bales, down 25% from last year. That is 29% of USDA’s forecast, compared to the 46% average pace for this time of year.
The Cotlook A Index was down 5 points at 78.90 cents on August 21. ICE cotton stocks declined by 532 bales on August 21 through decertification, leaving certified stocks at 15,474 bales. USDA’s Adjusted World Price (AWP) was up 48 points on Thursday to 55.53 cents/lb.