Cotton price action is down 95 to 105 points so far on Friday morning. Futures fell into the Thursday close, posting session losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, with the US dollar index up 0.251.
Export Sales data showed 34,360 RB of cotton sold for 2025/26 in the week of July 9. That was a marketing year low. Bangladesh was the buyer of 10,600 RB, with 5,800 RB to Vietnam. There was just 4,075 RB in new crop sales in that week, the lowest since September. Much of that was to Pakistan. Shipments were tallied at 214,893 RB, back down 10.8% from the same week last year. Vietnam has been the leading buyer YTD at over 4.2 million bales.
