International Cotton Market

12-Apr-2025 08:10 AM

International Cotton Market
The ICE cotton futures market showed a mixed performance on Friday. The front-month May contract dropped by 58 points, while other contracts recorded gains between 1 and 23 points. Despite the dip, the May contract ended the week up by a total of 253 points.
Crude oil futures rose by $1.44 per barrel.
The U.S. Dollar Index weakened again, falling by $0.960 to reach 99.645.
According to data released by the Commodity Futures Trading Commission (CFTC) on Friday afternoon, as of April 8, speculative funds reduced their net short position in cotton futures and options by 10,943 contracts, bringing the total net short position down to 55,691 contracts.
According to The Seam, on Thursday, April 10, a total of 1,207 cash bales were sold at an average price of 56.56 cents per pound.
The Cotlook A Index rose by 100 points on Thursday, reaching 78.55 cents per pound.
Certified cotton stocks on ICE remained unchanged on April 10, with the current level at 14,488 bales.
The USDA’s Adjusted World Price (AWP) fell by 212 points on Thursday to 53.10 cents per pound.