ICE cotton futures post 40–58 point gains, with Oct 26 at 79.36 cents/lb
AI Market Summary
ICE cotton futures are firmer midday, supported by modestly softer USD and risk sentiment, despite lower crude. USDA's WASDE lifted 2026/27 new-crop ending stocks by 400k bales on higher production and acreage, a mild headwind for fundamentals, while old-crop stocks were unchanged. Certified stocks fell via decertification, and AWP rebounded, partly offsetting the supply revision.
Impact level
● Low
Affected assets
NCCOCOTTON2USD/USDT+0.05%
AI Insight · NCCOCOTTON2USD/USDTAI Insight
● Neutral
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ICE cotton futures were higher by 40 to 58 points across most contracts on Friday, with Oct 26, Dec 26, and Mar 27 at 79.36, 81.17, and 82.55 cents/lb, respectively. USDA’s latest WASDE report kept old-crop ending stocks unchanged at 4.2 million bales while raising new-crop ending stocks by 400,000 bales to 4.1 million on a matching increase in production. The Cotlook A Index fell 50 points on Thursday to 89.75 cents. ICE certified stocks dropped by 26,320 bales to 158,607 bales, and the Adjusted World Price rose 92 points to 62.86 cents/lb.
