International Cotton Market Update

18-Apr-2025 08:13 AM

International Cotton Market Update
On Thursday, ICE Cotton futures saw an increase of 53 to 76 points, with the May contract closing up by 43 points for the week.
Crude oil futures rose by $2.10 per barrel, while the U.S. Dollar Index increased by $0.037 to reach $99.180.
According to the USDA export sales report, for the week ending April 10, a total of 201,990 round bales (RB) of cotton were sold, marking the highest sales in the last five weeks. This represents a 75.52% increase compared to the previous week and a 38.24% increase compared to the same week last year.
Vietnam was the top buyer, purchasing 90,900 RB, while India received 35,300 RB.
Total shipments for the week were 328,215 RB, down 12.99% from the previous week, but still 23.05% higher than the same week in 2024. Shipments to Vietnam totaled 87,100 RB, and Pakistan received 56,600 RB.
According to The Seam website, 5,231 cash bales were sold online on April 16, with an average price of 64.63 cents per pound.
The Cotlook A Index rose by 85 points, reaching 77.25 cents per pound on Wednesday.
ICE certified stocks remained steady at 14,478 bales on April 16.
The USDA’s Adjusted World Price (AWP) increased by 33 points, reaching 53.43 cents per pound on Thursday.