International Cotton Market

20-Mar-2025 08:11 AM

International Cotton Market
ICE cotton futures closed lower on Wednesday, with nearby contracts falling by 4 to 12 points.
Crude oil futures rebounded with a gain of $0.29 per barrel, while the U.S. Dollar Index rose by $0.208 on the day.
The Federal Reserve's two-day meeting concluded on Wednesday afternoon, with interest rates left unchanged for this month, as widely expected.
In The Seam’s online auction on Tuesday, 6,604 bales were sold at an average price of 65.27 cents per pound.
The Cotlook A Index fell by 25 points on March 18, reaching 79.00 cents per pound.
ICE certified cotton stocks remained unchanged on March 18, with a total of 14,488 bales.
Last Thursday, the USDA raised the weekly Adjusted World Price (AWP) by 188 points, bringing it to 53.76 cents per pound.