International Cotton Market

26-Apr-2025 08:17 AM

International Cotton Market
ICE cotton futures posted losses of 37 to 45 points on Friday, although the July contract was up 167 points for the week. Outside markets were mixed — crude oil futures rose by 39 cents/barrel, and the U.S. dollar index increased by $0.202 to $99.370.
According to weekly CFTC data, speculative funds reduced their net short position in cotton futures and options by 4,981 contracts as of April 22. The net short position now stands at -37,437 contracts.
Export sales data shows that a total of 10.859 million running bales (RB) of cotton have been booked this year, which is 4% lower than the same period last year. However, this is 107% of USDA’s export forecast, ahead of the 5-year average pace of 104%.
The Seam reported the sale of 10,709 cash bales online on April 24 at an average price of 64.3 cents/pound.
The Cotlook A Index rose by 175 points on Thursday to 80.30 cents/pound.
ICE cotton stocks remained stable on April 24, with certified stocks totaling 14,478 bales.
USDA’s Adjusted World Price (AWP) increased by 145 points on Thursday afternoon to 54.88 cents/pound.