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Cotton prices remain under pressure, with weakness expected to persist into Friday morning

Cotton prices remain under pressure, with weakness expected to persist into Friday morning

101 finance101 finance2026/01/23 16:30
By:101 finance

Cotton Market Update: Prices Continue to Slide

On Friday morning, cotton futures experienced further declines, dropping between 18 and 21 points. This follows Thursday’s session, where front-month contracts ended the day 38 to 41 points lower. Meanwhile, crude oil futures slipped by 95 cents to settle at $59.67 per barrel, and the US dollar index decreased by 0.473, reaching 98.090.

During Wednesday’s online auction hosted by The Seam, 17,692 bales were sold at an average price of 59.15 cents per pound. The Cotlook A Index also fell by 25 points on January 21, landing at 74.55 cents. ICE certified cotton stocks remained steady at 10,422 bales as of January 21. Additionally, the Adjusted World Price was revised on Thursday afternoon to 50.99 cents per pound, marking an 18-point decrease from the previous week.

Recent Cotton Futures Performance

  • March 2026 Cotton settled at 63.91, down 39 points, and is currently off by 21 points.
  • May 2026 Cotton finished at 65.52, losing 40 points, now down by 20 points.
  • July 2026 Cotton closed at 66.99, a decrease of 41 points, and is presently down 18 points.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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