Market Movement from 15th Jun 2026 to 20th Jun 2026.
• During the shortened trading week, NY cotton futures traded higher. The rally was driven primarily by short covering, as open interest in the front-month contract declined. The lead December contract settled at 79.67 cents/lb, posting a weekly gain of 325 points.
Market Movement from 08th Jun 2026 to 13th Jun 2026.
• NY cotton futures closed lower for another consecutive week. Despite a supportive USDA WASDE report, the market failed to gain momentum. Easing geopolitical tensions, declining crude oil prices, and improving global conditions were largely ignored by traders. Instead, weak demand fundamentals and continued technical selling following the recent reversal kept pressure on prices throughout the week.
The 2026/27 U.S. cotton balance sheet shows reduced beginning and ending stocks, due to a 200,000-bale decrease from the previous year. Production, consumption, and trade forecasts are unchanged this month, and the projected season-average price remains at 73 cents per pound.