ICE cotton futures market declines

ICE cotton futures market declined. Contract of Jul closed at 65.63cent/lb, down 0.44cent/lb and contract of Dec closed at 68.26cent/lb, down 0.45cent/lb. According to USDA, by the week ending May 15, 2024/25 U.S. cotton export sales increased from previous week, but 2025/26 cotton export sales were poor.

Cotlook A Index was unchanged at 78.25cent/lb.