Cotton Prices Rise at Midday Trading
On Monday, cotton futures experienced a rally with contracts rising between 212 to 272 points across key nearbys. The increase comes amid broader market movements where crude oil dropped $4.53 per barrel and the US dollar index rose by $0.175. Political developments also influenced sentiment as China's President Xi is set to meet with U.S. President Trump later in the week, focusing on trade discussions. CFTC Commitment of Traders data revealed that managed money reduced its net long position in cotton by 2,267 contracts during the week ending September 15, bringing it down to 97,903 contracts. Recent sales reported at The Seam totaled 2,496 bales with an average price of 77.26 cents per pound. Meanwhile, the Cotlook A index fell by 205 points on September 18 and ICE certified cotton stocks decreased by 869 bales to a total of 35,748 bales. The Adjusted World Price for cotton dropped last week to 68.92 cents per pound. As of the publication date, October 2026 Cotton is trading at 80.1 (up 272 points), December 2026 at 83.27 (up 212 points), and March 2027 at 85.93 (up 214 points).
Topics: Commodity Prices Cotton Trade Talks