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CME Cotton #2 Mar '25 (KGH25)

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CME Cotton #2 Futures Market News and Commentary

Cotton Push Higher into Wednesday’s Close

Cotton futures posted 15 to 56 point gains on the Wednesday session. The US dollar index was $0.253 higher at $99.495. Crude oil was down $1.06 on the day and nearly $5.00 off the lows.

The Seam showed 2,087 bales sold on Tuesday at an average of 68.17 cents/lb. The Cotlook A Index was down 10 points on 3/24 at 77.75 cents. ICE certified cotton stocks were up 975 on March 24, with the certified stocks level at 114,665 bales. The Adjusted World Price was raised by 2.72 cents to 54.22 cents/lb last Thursday. 

May 26 Cotton  closed at 68.18, up 56 points,

Jul 26 Cotton  closed at 70.33, up 56 points,

Dec 26 Cotton  closed at 72.63, up 35 points

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Contract Specifications

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Contract
Cotton #2
Contract Size
50,000 pounds (approximately 100 bales)
Tick Size
0.01 cent per pound ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) CST
Exchange
NYMEX
Point Value
$500
Expiration Date
02/21/25 (expired)

Seasonal Chart

CME Cotton #2 Mar '25
Average Price Chart for 5 Prior Mar Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
0.6563 +0.69%
on 02/07/25
0.6761 -2.26%
on 01/24/25
-0.0158 (-2.34%)
since 01/21/25
3-Month
0.6563 +0.69%
on 02/07/25
0.7193 -8.13%
on 11/29/24
-0.0435 (-6.18%)
since 11/21/24
52-Week
0.6563 +0.69%
on 02/07/25
0.8514 -22.39%
on 04/02/24
-0.1740 (-20.84%)
since 02/21/24

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Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 0.6608
2nd Resistance Point 0.6608
1st Resistance Point 0.6608
Last Price 0.6608s
1st Support Level 0.6608
2nd Support Level 0.6608
3rd Support Level 0.6608

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52-Week High 0.8514
Fibonacci 61.8% 0.7769
Fibonacci 50% 0.7538
Fibonacci 38.2% 0.7308
Last Price 0.6608s
52-Week Low 0.6563

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