Midday Surge in Cotton Trading Prices
Cotton trading prices have experienced a significant midday surge on Tuesday, improving by 24 to 30 points. As of now, the market shows promising signs of recovery.
Market Overview
In addition to cotton, crude oil has also rebounded following a period of decline. The price of crude oil increased by 27 cents per barrel. Concurrently, the US dollar index rose by $0.315, reaching a value of $98.670.
Cotton Auction Results
This Friday’s online auction conducted by The Seam reported the sale of 676 bales, averaging a price of 63.45 cents per pound. Additionally, the Cotlook A Index recorded an increase of 55 points on October 20, now sitting at 75.65 cents.
Certified Cotton Stocks
- As of October 20, ICE-certified cotton stocks remained unchanged, totaling 16,752 bales.
- The Adjusted World Price (AWP) continues to be unavailable due to the ongoing government shutdown.
Current Cotton Futures Prices
| Contract | Price (Cents) | Change (Points) |
|---|---|---|
| December 2025 | 64.46 | +30 |
| March 2026 | 66.03 | +26 |
| May 2026 | 67.25 | +24 |
These figures reflect the current trends in cotton trading prices, showcasing a robust recovery in the market. For further information and updates, make sure to stay tuned for Emegypt’s latest reports.
