Cotton Rallying Higher on Tuesday

Group 1 - Cotton futures increased by 75 to 85 points in the front months on Tuesday [1] - Crude oil prices decreased by $9.69 on Tuesday [1] - The US dollar index fell by $0.556, reaching $98.620 [1] Group 2 - The USDA WASDE report indicated no changes to the US cotton balance sheet, maintaining stocks at 4.4 million bales [1] - Global cotton stocks rose by 1.25 million bales to 76.39 million, driven by increased supply from Brazil and India, which contributed a combined increase of 1.5 million bales [1] Group 3 - The Seam reported sales of 5,926 bales on March 9, with an average price of 62.44 cents per pound [2] - The Cotlook A Index increased by 10 points to 74.75 cents [2] - ICE certified cotton stocks decreased by 6,518 bales to a total of 121,986 bales as of March 9 [2] Group 4 - The Adjusted World Price was reduced by 40 points to 51.44 cents per pound [2] - Cotton futures for May 2026 are at 65.43 cents, up 81 points; July 2026 at 67.32 cents, up 75 points; and October 2026 at 69.23 cents, up 82 points [2]