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Cotton Rallying on Thursday
Yahoo Finance· 2026-03-26 17:14
Group 1 - Cotton futures are experiencing gains ranging from 107 to 142 points in the front months on Thursday [1] - The US dollar index has increased by $0.296, reaching $99.695, while crude oil prices have risen by $4.74 to $95.06 [1] - Export sales data indicates that 202,444 RB of 2025/26 cotton were sold in the week ending March 19, marking a 2.92% increase from the previous week and doubling the sales from the same week last year [1] - Shipments for the week reached 400,552 RB, the largest volume in over a year [1] Group 2 - The Seam reported 3,809 bales sold on Wednesday at an average price of 65.89 cents per pound [2] - The Cotlook A Index decreased by 45 points to 78.20 cents on March 25 [2] - ICE certified cotton stocks remained unchanged at 114,665 bales as of March 25 [2] - The Adjusted World Price was raised by 2.72 cents to 54.22 cents per pound last Thursday [2] - Cotton prices for May 26, July 26, and December 26 are reported at 69.6 cents (up 142 points), 71.71 cents (up 138 points), and 73.7 cents (up 107 points) respectively [2]