– Reporting Period 04 – 17 June 2025 –
Given the increasingly crisis-ridden global situation, the fact that the cotton market appears unimpressed is surprising. The futures moved mainly sideways in the reporting period with a weak upward trend. The July futures hovered around the 65 ct/lb mark, while December remained near the 68 ct/lb mark.
In the current forecasts for the 2025/26 season, production and consumption volumes have been revised downwards slightly. Nevertheless, this hardly brought any impetus to the market, nor did the weakening dollar exchange rate.
Trading volumes on the international markets, primarily in ICE Futures U.S., showed some shallow activity, but also a decline in open positions. Some experts were concerned that this could indicate a weakening trend strength.
However, the European market remained rather quiet. Only a few inquiries and transactions were recorded by traders.