Cotton price action is down 38 to 40 points early on Friday. Futures closed out the Thursday session with contracts down 24 to 29 points, as outside markets continued to add pressure. The US dollar index was up $0.249 to $99.835, as crude oil futures were 78 cents/barrel lower.
Thursday morning’s Export Sales report indicated a total of 39,124 RB of old crop cotton in the week ending on July 24, the highest in 3 weeks. Vietnam was the buyer of 27,100 RB. Sales for new crop were 71,683 RB. The top buyer of 2025/26 was Vietnam at 27,400 RB, with 13,800 RB sold to Honduras. Shipments were 230,949 RB which was a 3-week high. The top destination was Vietnam at 66,400 RB, with 44,400 RB headed to Turkey.
