Cotton Futures Decline at Midday Despite Support From Crude Oil and Lower Dollar
Cotton futures traded lower during midday action, dropping 60 to 65 points across active delivery months. The December 2026 contract fell 65 points to 80.01 cents per pound, while March 2027 slid 63 points to 83.37 cents and May 2027 dropped 65 points to 85.04 cents per pound.
The weakness occurred even as outside market signals offered underlying support. Crude oil jumped $3.16 per barrel during the session, while the U.S. dollar index declined by 0.442 points. In physical cash markets, trading activity totaled 3,109 bales on Wednesday at an average price of 76.59 cents per pound. Exchange-certified cotton inventories held steady at 17,756 bales, and the Cotlook A index remained unchanged at 91.25.
Traders are closely watching for an upcoming update to the Adjusted World Price, which stood at 63.81 cents per pound after losing 135 points in the previous week's assessment. Subsequent movements in energy markets and currency valuations will remain critical factors for cotton price trends.
Key points
- December 2026 cotton futures fell 65 points to 80.01 cents per pound at midday.
- Crude oil gained $3.16 per barrel while the U.S. dollar index dropped $0.442 during the session.
- Cash sales reached 3,109 bales on Wednesday at an average price of 76.59 cents per pound.
- ICE certified cotton stocks remained unchanged at 17,756 bales on October 14.
- The Adjusted World Price stood at 63.81 cents per pound ahead of a weekly update.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
Why are cotton futures falling today?
Cotton futures fell 60 to 65 points at midday as market pressure weighed on contract prices despite gains in crude oil and a weaker U.S. dollar.
What is the current price of cotton futures?
December 2026 cotton futures traded at 80.01 cents per pound at midday, down 65 points on the session.
What was the recent volume and average price for cash cotton sales?
Cash sales recorded 3,109 bales sold on Wednesday at an average price of 76.59 cents per pound.