Group 1: Cotton Market Overview - Cotton futures increased by 55 to 68 points at Tuesday's close [1] - The Seam reported sales of 5,926 bales on March 9, averaging 62.44 cents/lb [3] - ICE certified cotton stocks decreased by 6,518 bales on March 9, with certified stocks at 121,986 bales [3] Group 2: USDA WASDE Report - The USDA WASDE report indicated no changes to the US balance sheet, maintaining stocks at 4.4 million bales [2] - Global cotton stocks rose by 1.25 million bales to 76.39 million, driven by increased supply from Brazil and India [2] Group 3: Price Movements - The Cotlook A Index increased by 10 points to 74.75 cents [3] - The Adjusted World Price was reduced by 40 points to 51.44 cents/lb [3] - Closing prices for cotton futures on May 26, July 26, and October 26 were 65.3, 67.17, and 68.99 cents respectively, with increases of 68, 60, and 58 points [3]
Cotton Rally into Tuesday’s Close
Yahoo Finance·2026-03-10 22:10