Market Movement from 13th Apr 2026 to 18th Apr 2026.
• NY futures posted an extraordinary gain this week, driven by a strong technical outlook and active shifting into the next contract month. This transition triggered heavy buying interest, with May futures rising sharply by 418 points and July futures gaining 449 points. July has now emerged as the lead month in the market.
Market Movement from 06th Apr 2026 to 11th Apr 2026.
• As the May contract approaches option expiry, funds have started rolling over their positions into the July contract. Strong yarn demand sentiment, along with decent export sales and shipments, supported the May contract, resulting in another positive week for the market. Although the somewhat bearish WASDE report was largely ignored by traders, NY May futures ultimately closed the week with a gain of 230 points week-on-week.
Peace talks between the U.S. and Iran didn’t go well, and crude oil is rising as a result. Markets are opening the week with a more cautious tone.
• Crude oil will continue to set the tone, with the news flow from the Middle East likely to drive short-term direction. Look for increased volatility ahead.
There are no changes to supply and demand categories in the 2025/26 U.S. cotton balance sheet this month. The season-average farm price forecast is raised 1 cent to 61 cents/lb.
The forecast for 2025/26 world cotton production is raised almost 900,000 bales this month with 300,000-bale increases each for China, India and Pakistan, and small changes for other countries.