ICE cotton futures slip on Thursday, with Jul 26 down 5 points to 76.16 cents/lb
AI Market Summary
ICE cotton futures closed modestly lower across contracts despite supportive export sales data: 2025/26 sales rose to 66,422 RB (nearly triple y/y) and new-crop sales hit a three-week high at 86,971 RB. Macro inputs were mixed, with crude oil down and the dollar index slightly weaker. Cotlook A and the AWP increased, while ICE certified stocks edged lower.
Impact level
● Low
Affected assets
NCCOCOTTON2USD/USDT+1.64%
AI Insight · NCCOCOTTON2USD/USDTAI Insight
▼ Bearish
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ICE cotton futures settled lower across all contracts on Thursday, led by the Jul 26 contract falling 5 points to 76.16 cents/lb. Weekly export sales for 2025/26 totaled 66,422 running bales (RB), nearly triple the same week last year, while new-crop sales reached 86,971 RB, a three-week high. The Cotlook A Index rose 295 points to 90.25 cents and the Adjusted World Price (AWP) climbed 92 points to 62.86 cents/lb. ICE certified stocks edged down 12 bales to 184,927 bales, while the U.S. dollar index slipped 0.034 points.
