Cotton International News
28-Mar-2026 08:22 AM
Cotton International News
ICE cotton futures posted gains of 3 to 45 points on Friday, with the May contract recording a weekly gain of 215 points. The US Dollar Index was up by $0.337 at 100.045. Crude oil also saw late-session buying and closed $6.68 higher on the day at $101.16 per barrel.
Export Sales data showed that total cotton sales and shipments reached 9.556 million running bales as of March 19, which is 7% lower than the same period last year. This represents about 85% of the USDA export projection and is behind the average sales pace of 98%.
Speculative funds trimmed another 6,757 contracts from their net short position as of Tuesday, reducing the total net short position to 33,448 contracts.
According to a Reuters survey of analysts, the March Intentions report is expected to show cotton acreage at around 9.229 million acres, slightly below last year.
The Seam reported 6,389 bales sold on March 26 at an average price of 64.16 cents per pound. The Cotlook A Index rose by 65 points on Thursday to 78.85 cents per pound. ICE certified cotton stocks were unchanged at 114,665 bales as of March 26. The Adjusted World Price was raised by 25 points on Thursday to 54.47 cents per pound.