CME Cotton #2 May '26 (KGK26)
CME Cotton #2 Futures Market News and Commentary
Cotton futures are trading with 127 to 150 point gains at Thursday’s midday. The outside markets are generally supportive, with the US dollar index is $0.445 lower at $98.475. Crude oil is back up $3.21 at midday.
The monthly update to the USDA balance sheet for cotton showed the US side unchanged at 4.4 million bales for carryout, as the cash average price was up a penny to 61 cents. The world balance sheet was up 0.65 million bales to 77.04.
USDA’s Export Sales report from this morning tallied 319,580 RB of cotton sold for 2025/26 in the week of 4/2. New crop business was just 14,051 RB in that week, the lowest since early January. Shipments were a 3-week low at 342,744 RB.Â
The Seam showed 1,751 bales sold on Wednesday at an average of 67.87 cents/lb. The Cotlook A Index was 30 points lower on 4/7 at 82.25 cents. ICE certified cotton stocks were unchanged on April 8, with the certified stocks level at 128,213 bales. The Adjusted World Price was raised by 252 poi... Read more
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Cotton futures are trading with 127 to 150 point gains at Thursday’s midday. The outside markets are generally supportive, with the US dollar index is...
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