Cotton Showing Weakness on Thursday

Group 1 - Cotton futures are experiencing losses ranging from 57 to 95 points as of Thursday's midday [1] - The Export Sales report indicates a total of 196,691 RB of cotton sold for the week of 3/12 for the 2025/26 marketing year, which is a decrease of 27.64% compared to the same week last year [1] - New crop business reached a marketing year high of 122,221 RB, while shipments totaled 273,926 RB, reflecting a 26% decline from the previous week [1] Group 2 - The Seam reported sales of 6,552 bales on 3/18, with an average price of 65.54 cents per pound [2] - The Cotlook A Index increased by 60 points on 3/18, reaching 79.35 cents [2] - ICE certified cotton stocks decreased by 1,149 bales as of March 18, with the current certified stocks level at 115,640 bales [2]