International Cotton Market

02-May-2025 08:38 AM

International Cotton Market
ICE cotton futures closed Thursday’s session 16 to 36 points lower. External markets showed mixed trends, with crude oil futures up by $0.77/barrel and the U.S. dollar index rising 0.715 points to 100.054.
Export sales data showed upland cotton bookings at 108,363 running bales (RB) for the week of April 24, slightly above the prior week. Malaysia bought 25,600 RB, and Bangladesh purchased 25,400 RB.
New crop sales totaled 32,900 RB. Shipments improved to 365,978 RB that week, marking a 3-week high.
The Seam’s Wednesday online auction recorded sales of just 117 bales at an average price of 54.12 cents/lb.
The Cotlook A Index fell 100 points on Wednesday to 78 cents/lb. ICE certified stocks remained steady at 14,478 bales as of April 29.
USDA’s Adjusted World Price (AWP) increased by 6 points to 54.94 cents/lb, effective through next Thursday.