ICE cotton futures market fluctuates lower

ICE cotton futures market fluctuates lower. Contract of Dec closed at 67.42cent/lb, down 0.18cent/lb and contract of Mar closed at 69.1cent/lb, down 0.14cent/lb. During the week of August 14th, weekly net sales of U.S. upland cotton for the 2025/26 marketing year reached 24,000 tons, falling 56% week-on-week. Current sales performance for the 2025/26 season remains relatively weak, and ICE cotton futures temporarily lack strong catalysts. On the supply side, market attention is focused on whether the USDA will make further adjustments to U.S. cotton production estimates in upcoming reports.

Cotlook A Index declined by 0.05cent/lb to 78.9cent/lb.