International Cotton Market
01-Jan-2025 08:14 AM
International Cotton Market
ICE Cotton Futures ended Tuesday's session with a decline of 8 to 33 points, marking the final trading day of the year. External factors showed mixed impacts, with the U.S. Dollar Index rising by 347 points, while crude oil gained $0.93 per barrel. The market will remain closed on Wednesday due to New Year's Day.
The Seam reported online sales of 9,870 bales on December 30, with an average price of 61.36 cents/pound. ICE cotton stocks remained unchanged on Monday, with certified stocks totaling 20,113 bales. The Cotlook A Index rose by 10 points on December 30, reaching 79.40 cents/pound.
The USDA Adjusted World Price (AWP) was reduced by 54 points last week to 54.55 cents/pound, effective through this Thursday.
