Cotton Falls Back on Thursday

Group 1: Cotton Market Overview - Cotton futures experienced weakness on Thursday, with contracts declining by 21 to 103 points across the board [1] - The Export Sales report indicated a total of 196,691 RB of cotton sold for the week of 3/12 for the 2025/26 marketing year, which is 27.64% lower than the same week last year [2] - New crop business reached a marketing year high of 122,221 RB, with Vietnam being the top buyer at 75,700 RB [2] Group 2: Shipment and Pricing Details - Shipments totaled 273,926 RB, down 26% from the previous week, with Vietnam receiving the largest share at 93,700 RB [2] - The Seam reported sales of 6,552 bales on 3/18, averaging 65.54 cents/lb, while the Cotlook A Index increased by 60 points to 79.35 cents [3] - The Adjusted World Price rose by 2.72 cents to 54.22 cents/lb [3] Group 3: Futures Market Closing Prices - May 26 Cotton closed at 67.67, down 103 points; Jul 26 Cotton closed at 69.61, down 96 points; Dec 26 Cotton closed at 71.99, down 65 points [3]