Cotton International News
20-Mar-2026 08:41 AM
Cotton International News
ICE cotton futures weakened on Thursday, with contracts down 21 to 103 points across the board. Crude oil fell by $1 to $95.32 per barrel, while the U.S. dollar index declined by 0.870 to 99.22.
The weekly export sales report showed total cotton sales of 196,691 RB for 2025/26 in the week ending March 12, down from the previous week and 27.64% below the same week last year. Vietnam was the largest buyer at 75,700 RB, followed by Turkey with 27,800 RB.
New crop sales reached 122,221 RB, a marketing year high. China purchased 48,600 RB, while Pakistan bought 22,000 RB.
Shipments totaled 273,926 RB, down 26% from the previous week. Vietnam was the largest destination at 93,700 RB, followed by Pakistan with 36,400 RB.
On March 18, The Seam reported sales of 6,552 bales at an average price of 65.54 cents per pound. The Cotlook A Index rose by 60 points to 79.35 cents. ICE certified cotton stocks declined by 1,149 bales to 115,640 bales. The Adjusted World Price increased by 2.72 cents to 54.22 cents per pound.