coin-img-BTCBTC-1.27%coin-img-ETHETH-0.94%coin-img-SOLSOL-1.45%coin-img-XRPXRP-0.73%coin-img-USDCUSDC+0.01%coin-img-LABLAB-67.35%coin-img-TRXTRX-0.45%coin-img-HYPEHYPE-0.85%coin-img-BTCBTC-1.27%coin-img-ETHETH-0.94%coin-img-SOLSOL-1.45%coin-img-XRPXRP-0.73%coin-img-USDCUSDC+0.01%coin-img-LABLAB-67.35%coin-img-TRXTRX-0.45%coin-img-HYPEHYPE-0.85%coin-img-BTCBTC-1.27%coin-img-ETHETH-0.94%coin-img-SOLSOL-1.45%coin-img-XRPXRP-0.73%coin-img-USDCUSDC+0.01%coin-img-LABLAB-67.35%coin-img-TRXTRX-0.45%coin-img-HYPEHYPE-0.85%coin-img-BTCBTC-1.27%coin-img-ETHETH-0.94%coin-img-SOLSOL-1.45%coin-img-XRPXRP-0.73%coin-img-USDCUSDC+0.01%coin-img-LABLAB-67.35%coin-img-TRXTRX-0.45%coin-img-HYPEHYPE-0.85%
user-avatar
Barchart

Cotton futures slip Wednesday, Jul 26 settles at 76.21 cents/lb

AI Market Summary
Cotton futures retreated across the curve, failing to gain traction despite a higher Cotlook A Index and slightly lower ICE certified stocks. Strength in the USD and a sharp oil rally tied to renewed Iran-related geopolitical tensions weighed on broader commodity risk appetite and raised macro uncertainty. Weak physical activity (low Seam sales) reinforced the lack of near-term demand support, pressuring cotton sentiment.
Impact level
● Medium
Affected assets
NCCOCOTTON2USD/USDT-1.22%
AI Insight · NCCOCOTTON2USD/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Cotton futures finished lower on Wednesday, with the Jul 26 contract settling at 76.21 cents per pound, down 73 points. The Dec 26 and Mar 27 contracts fell 62 points and 58 points, respectively. In external markets, crude oil jumped $4.32 and the U.S. dollar index rose 0.082, weighing on broader commodity sentiment. Seam sales totaled just 94 bales, while the Cotlook A Index rose 150 points to 87.30 cents and ICE certified stocks slipped to 184,939 bales, offering little price support.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.