ICE cotton futures market increases

ICE cotton futures market increased. Contract of Dec closed at 68.71cent/lb, up 0.47cent/lb and contract of Mar closed at 70.13cent/lb, up 0.5cent/lb. By the week ending Jul 17, there were reductions of 32,700 bales of U.S. cotton for 2024/25, and some cotton was carried over to the next season. 2025/26 U.S. cotton export sales were ordinary.

Cotlook A Index remained unchanged at 78.70cent/lb.