Cotton International News
16-May-2026 08:35 AM
Cotton International News
ICE cotton futures ended Friday’s session lower, with contracts down 151 to 333 points. July futures fell 412 points for the week, while December contracts lost 355 points. The US dollar index was up $0.467 at $99.195, while crude oil gained $4.49 to close at $105.66.
Limited details following the meeting between President Trump and China’s President Xi kept the market uncertain. President Trump said US farmers would be very pleased with trade deals involving China, though the market appeared less confident.
CFTC data showed managed money adding another 8,386 contracts to their net long position in cotton futures and options during the week ending 5/12, raising it to 59,570 contracts.
USDA’s Export Sales report released Thursday showed US export business at 10.863 million RB, which is 97% of the USDA forecast and below the average sales pace of 105%. Export shipments stand at 71% of the USDA forecast, trailing the average pace of 73%.
The Seam reported sales of just 6 bales on May 14 at an average price of 60 cents/lb. The Cotlook A Index increased 50 points on Thursday to 96.65 cents. ICE certified cotton stocks rose by 6,670 bales on 5/14, bringing total certified stocks to 193,114 bales. The Adjusted World Price increased another 228 points on Thursday to 71.87 cents/lb.