Cotton futures were 81 to 139 points in the green at Thursday’s close. Crude oil was back down just 50 cents per barrel, with the US dollar index falling 0.914.
Export Sales data showed 29,719 RB of cotton sold for 2025/26 in the week of July 23. That was a marketing year low, but normal for this last month of the marketing year. There was 352,447 RB reported for new crop business in that week, a marketing year high. Vietnam was the buyer of 245,500 RB, with 42,200 RB sold to India. Shipments were tallied at 233,795 RB. The primary destination was Vietnam at 78,600 RB, with 49,400 RB to Pakistan.