Cotton Prices Decline Further This Wednesday
Cotton prices faced a further decline this Wednesday, with futures contracts decreasing by 46 to 55 points during the midday trading session. The market’s volatility reflects broader trends, as crude oil prices increased by $1.44 per barrel, while the US dollar index slipped by 0.081 to settle at 98.630.
Cotton Market Dynamics
On Tuesday, an online auction conducted by The Seam reported the sale of 1,563 bales of cotton at an average price of 60.99 cents per pound. Additionally, the Cotlook A Index recorded a decrease of 5 points to reach 75.60 cents as of October 21. The situation is further complicated by the ongoing government shutdown, which has temporarily halted the reporting of the Adjusted World Price (AWP).
ICE Certified Stocks and Futures
- ICE certified cotton stocks rose by 800 bales, totaling 17,552 bales as of October 21.
- Futures data for December 2025 cotton indicates a price of 63.88 cents, down 54 points.
- March 2026 cotton futures fell to 65.51 cents, down 47 points.
- May 2026 cotton futures decreased to 66.72 cents, down 46 points.
As traders watch these unfolding dynamics, the potential for price stabilization and market recovery remains a focus. For regular updates on commodity analysis, stakeholders can explore resources available at Emegypt.
