International Cotton Market

17-Jun-2025 08:23 AM

International Cotton Market
ICE cotton futures closed 8 to 33 points higher. Crude oil fell by $1.54 per barrel as futures gave back some risk premium amid light talk of negotiations with Iran. The U.S. dollar index also dropped by $0.396 to $97.780.
According to the USDA’s weekly Crop Progress report, 85% of the U.S. cotton crop was planted as of June 15, trailing the average pace by 5 points. A total of 19% of the crop was squaring, 2% ahead of normal, with 5% setting bolls, matching the average. Condition ratings saw a 1-point drop in the good to excellent categories to 48%. The Brugler500 index rose by 4 points to 328 due to a smaller portion of very poor-rated crops.
The Seam reported online sales of 245 bales at an average price of 58.29 cents per pound. The Cotlook A Index fell by 25 points to 77.80 on June 13. ICE certified cotton stocks remained steady at 62,212 bales as of June 13. USDA’s Adjusted World Price (AWP) increased by 26 points to 54.02 cents per pound on Thursday afternoon.