Cotton futures posted 1 to 24 point gains across the board on Friday, as May was still down 141 points this week. Support came via the outside factors. Crude oil was up $10.22 on the day to $91.23. The US dollar index was back down $0.409 at $98.900. 

USDA Export Sales data from Thursday showed total commitments of 8.904 million RB of  2025/26 cotton as of February 26. That is 79% of the USDA export estimate, and behind the 92% average sales pace. Export shipments are 41% of USDA’s number, now below the 47% average pace.

CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts.

The Seam showed sales of 584 bales on March 5, averaging 54.29 cents/lb. The Cotlook A Index was up 25 points on Tuesday at 74.75 cents. ICE certified cotton stocks were down 798 on 3/5 via decertification with the certified stocks level at 128,504 bales. The Adjusted World Price was trimmed by 40 points on Thursday to 51.44 cents/lb. 

Mar 26 Cotton  closed at 63.19, up 16 points,

May 26 Cotton  closed at 64.2, up 16 points,

Jul 26 Cotton  closed at 66.16, up 16 points

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان