– Reporting Period 18 December 2024 – 07 January 2025 – The turn of the year was a calm period for the cotton market. ICE Cotton No. 2 futures mainly moved sideways over the reporting period and ended close to their opening levels. Occasionally, there were slight jumps up and down, but without sustained...
read more– Reporting Period 04 – 17 December 2024 – Following the upward trend in the last reporting period, the ICE Cotton No. 2 futures have fallen steadily in this reporting period and arrived below the 70 ct/lb mark. Against the backdrop of a bearish December report from the US Department of Agriculture (USDA), there...
read more– Reporting Period 20 October – 03 December 2024 – ICE Cotton No. 2 futures experienced an upswing at the beginning of the reporting period and rose again. Since December ended as a trading month and because of a stronger demand for short-term delivery, December 2024 rose much more than March 2025. Finally, December...
read more– Reporting Period 06 – 19 November 2024 – ICE Cotton No. 2 futures entered the current reporting period with a tailwind, but they ran out of steam fast. After an initial jump, the futures lost several hundred points in the last two weeks, albeit with a weakening curve towards the end. Theoretically, low...
read more– Reporting Period 23 Oct – 05 Nov 2024 – The ICE Cotton No. 2 futures have lost that much ground during the past two weeks, that December, the next delivery month, fell below the 70-ct/lb-mark. Even though prices were low, demand remained weak in general and mostly focused only on prompt delivery. Some...
read more– Reporting Period 09 – 22 October 2024 – December futures have moved within a narrow range of 70.62 to 72.66 ct/lb in the reporting period, with a slight upward trend towards the end. However, there are also signs that December futures could fall slightly below the 70 cents margin in the future. As...
read more– Reporting Period 25 Sep – 08 Oct 2024 – Hurricane Helene hit the US mainland with severe force leaving behind heavy losses. It is estimated that 300,000 to 700,000 bales of cotton are also damaged. Added to this is the potential loss of quality in the upcoming harvest. Hurricane Milton is currently moving...
read more– Reporting Period 11 September – 24 September 2024 – Prices of ICE Cotton No. 2 futures continued their recent fluctuating sideways trend until they gained momentum and rose. In the last few days of the current reporting period, futures reached a three-month high, with December 2024 prices approaching 75 ct/lb and March 2025...
read moreClick on the button to load the content from Google location map.