Market Movement from 16th Jun 2025 to 21st Jun 2025.
• NY July futures remained under pressure this week, closing lower as bearish macroeconomic sentiment outweighed supportive fundamentals. July settled at 65.36 cents on 13th June and declined to 64.04 cents on 20th June, registering a week-over-week loss of 1.32 cents. Now December will be the lead month, and it closed the week with a loss of 114 points W/W.
Despite a wave of fresh data and global developments, cotton prices held steady, stuck in a narrow range as the market digested weaker retail sales, steady Fed policy, and rising geopolitical tensions. With headline risk still elevated and uncertainty lingering, could the coming weeks bring more clarity, or just more noise? Get QuickTake’s read on the week’s events in five minutes.
Despite Positive USDA Report, Cotton Prices Still Can’t Catch a Break
USDA released, arguably, the most optimistic supply demand report in its history this month. So, of course, the market yawned and closed 18 to 33 points lower in the most active contracts.
Cotton, so often the darling of the speculators, cannot get a break.
Market Movement from 09th Jun 2025 to 14th Jun 2025.
• New York cotton futures remained in a narrow range throughout the week. The latest WASDE report was viewed as somewhat neutral to slightly bullish for the upcoming marketing year. However, due to disappointing macroeconomic conditions, the market failed to react positively. As a result, NY July futures closed the week with a marginal loss of 26 points, while NY December futures ended with a weekly loss of 37 points.