ICE cotton jumps early Monday as Dec contract rises 114 points to 77.12 cents/lb
AI Market Summary
ICE cotton futures are rallying early Monday, supported by a softer U.S. dollar and a firmer Cotlook A Index. While USDA export sales for 2025/26 hit a seven-week low, they remain sharply higher year-on-year, with Vietnam the top buyer, reinforcing demand resilience. Lower shipments and mixed pricing benchmarks add nuance, but near-term price action is driven by currency tailwinds and improving spot indicators.
Impact level
● Medium
Affected assets
NCCOCOTTON2USD/USDT+1.83%
AI Insight · NCCOCOTTON2USD/USDTAI Insight
▲ Bullish
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ICE cotton futures surged in early Monday trading, with the December contract up 114 points at 77.12 cents per pound. USDA data showed 49,001 running bales of 2025/26 upland cotton sold in the week of 6/25, a seven-week low but 79.22% higher than the same week last year, with Vietnam the top buyer. The U.S. dollar index slipped to 100.65, while the Cotlook A Index rose 25 points, adding support to prices.
