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Barchart
Barchart
Austin Schroeder

Cotton Showing Marginal Gains on Friday

Cotton price action is up 3 to 5 points across the front months on Friday morning. Futures posted losses of 30 to 40 points on Thursday. Crude oil futures were back up $2.41 per barrel at $58.40. The US dollar index was up $0.183 at $98.605.

USDA’s Export Sales report from Thursday indicated 98,031 RB of 25/26 upland cotton sold in the week of 1/1. That was a 9-week low. Vietnam was the buyer of 38,700 RB, with 14,400 RB sold to Pakistan. Sales for 2026/27 were 22,491 RB. Export shipments were tallied at 154,036 RB, a 10-week high. Of that total, 47,800 RB was headed to Vietnam, with 28,800 RB to Pakistan.

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