International Cotton Market Update (October 13, 2024)

16-Nov-2024 08:40 AM

International Cotton Market Update (October 13, 2024)
SEAM Cotton Trading: A total of 1070 bales of cotton from the USA were traded on the SEAM platform during the week of October 13, 2024. This volume represents part of the ongoing activity in international cotton trade, with SEAM acting as a key electronic trading platform for cotton transactions.

ICE Cotton Stocks: As of Wednesday, the Intercontinental Exchange (ICE) reported having 11,224 bales of cotton in available stock. ICE serves as a critical marketplace for cotton futures and also reports on the physical availability of cotton.

These updates reflect the ongoing dynamics in the international cotton market, which is influenced by factors like global supply and demand, production trends, and trading activities. The trading volume on SEAM and the available stock on ICE are part of the larger picture of market liquidity and price formation.