Cotton International Market
09-Jul-2026 08:35 AM
Cotton International Market
ICE cotton futures posted modest losses on Wednesday, with contracts closing 6 to 73 points lower.
Broader commodity markets were stronger as crude oil surged by $4.32 per barrel following U.S. action against Iran and President Trump’s statement that the ceasefire had ended. The U.S. also revoked waivers related to Iranian oil exports. Meanwhile, the U.S. Dollar Index gained 0.082 points.
The Seam reported sales of just 94 bales on July 7 at an average price of 65.76 cents per pound.
The Cotlook A Index rose by 150 points to 87.30 cents per pound on July 7.
ICE certified cotton stocks declined by 95 bales to 184,939 bales.
The Adjusted World Price (AWP) fell by 194 points last week to 61.94 cents per pound.