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Cotton Prices Decline This Monday

Cotton Prices Decline This Monday

101 finance101 finance2026/03/03 02:27
By:101 finance

Cotton Market Update: Monday's Decline

On Monday, cotton futures experienced notable declines, with front-month contracts dropping between 90 and 102 points. Meanwhile, crude oil prices surged by $4.01 following US and Israeli military actions against Iran over the weekend, though prices remained about $4 below their overnight peak. The US dollar index also climbed, gaining $0.94 to reach 98.505. Market sentiment was weighed down by uncertainty surrounding China, which criticized the US strikes on Iran.

According to The Seam, 3,011 bales were sold on February 27 at an average price of 62.83 cents per pound. The Cotlook A Index fell by 80 points on Thursday, settling at 75.65 cents. On February 26, ICE certified cotton stocks increased by 6,721 bales, bringing the total to 126,178 bales. Additionally, the Adjusted World Price rose by 1.79 cents last week, reaching 51.84 cents per pound.

Recent Cotton Futures Settlements

  • March 2026 Cotton closed at 62.59, a decrease of 102 points
  • May 2026 Cotton ended at 64.59, down 102 points
  • July 2026 Cotton finished at 66.41, losing 91 points
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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