International Cotton Market

13-Sep-2025 08:14 AM

International Cotton Market
ICE cotton futures turned higher on Friday, with most contracts up 10 to 12 points and December finishing 80 points higher. The US dollar index rose $0.127 to 97.655, while crude oil futures gained $0.25.
CFTC weekly data showed spec traders adding 2,536 contracts to their net short position by September 9, taking it to 68,905 contracts.
The monthly Cotton Ginnings report showed 338,200 running bales had been ginned by September 1, down 128,500 RB from the same period last year.
USDA’s Crop Production report made very few changes. Planted acres were up 20,000, harvested acres up 15,000. Yield was trimmed by 1 lb/acre to 861 lbs, while production was up just 10,000 bales to 13.224 million bales. Ending stocks stayed at 3.6 million bales, as the extra 10,000 went into the “unaccounted” category. Global cotton stocks fell 77,000 bales to 73.14 million bales.
The Seam reported 422 bales sold Thursday at an average 64 cents/lb. The Cotlook A Index was up 20 points to 78.05 cents on September 11. ICE certified stocks were steady at 15,474 bales. USDA’s Adjusted World Price (AWP) was down another 21 points to 54.10 cents/lb.