Market Movement from 27th Oct 2025 to 01st Nov 2025.
• NY Futures experienced a positive trend this week, supported by encouraging developments from the Trump–Xi meeting regarding U.S. agricultural products.
• Aside from the ongoing government shutdown — now in its 27th day with no end in sight — this could be the busiest week markets have seen since October 1. President Trump and President Xi made headlines over the weekend after reports that the U.S. and China have agreed on a preliminary framework to ease trade tensions, with agricultural goods specifically mentioned in the tariff discussions.
Cotton Export Business Remains Slow as Prices Settle
Cotton prices continue to back and fill, which is excellent compared to the downtrend of recent months. Any “filling” implies the market found its price bottom. Going into the close, the December contract was up for the day but down 10-12 points for the week. Nevertheless, the 64-cent handle appears to fit the market quite well.
Market Movement from 13th Oct 2025 to 18th Oct 2025.
• The 63–64 cents range now appears to be a new support zone, and after briefly declining to 63.25, NY futures managed to recover the losses and closed in the green with a week-on-week gain of 44 points.
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• Many expected the government shutdown to make for a dull stretch with limited data updates, but this past week proved otherwise as U.S.–China trade tensions flared again. The shutdown continues to drag on, creating challenges across the board. With little incentive for either political party to compromise, a funding deal remains stalled while the trade war heats back up. The lack of fresh data has traders flying blind, as they missed key USDA and CFTC reports last week and are likely to do so again this week.