Cotton Faces Losses on Thursday

Cotton futures were down 147 to 302 points across the front months on the Thursday session.  Crude oil was up 66 cents per barrel higher on the day, with the US dollar index down $0.577.

Export Sales showed a total of just 27,525 RB in 2026/27 sales in the week of 8/27. That was a 88.76% drop from the same week last year.  India was the buyer of 10,800 RB, with 10,800 RB to Vietnam. New crop sales came in at 0. Shipments totaled 189,480 RB in that week, which was 22.52% above the same week last year. The top destination was Vietnam of 77,300 RB, with 22,200 RB to India.

Census data showed 1.16 million bales of cotton exports, excluding linters, in July. That was a 4 year high, up 23.7% from last year, but a drop of 3.78% from last month. 

The Seam reported sales of 2,251 bales on September 2 at an average price of 87.00 cents/lb. The Cotlook A index was down 155 points on Tuesday at 100.75. ICE certified cotton stocks were unchanged on September 2, with the certified stocks level at 63,092 bales. 

Oct 26 Cotton  closed at 83.36, down 302 points,

Dec 26 Cotton  closed at 86.45, down 248 points,

Mar 27 Cotton  closed at 88.8, down 250 points

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.